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Tag: plans
Airtel Africa plans tower sales to reduce USD 3.5 bln debt
2020-11-09 09:55:00| Telecompaper Headlines
(Telecompaper) Airtel Africa plans to sell about 4,500 telecommunication towers in five countries including Tanzania and Madagascar to help reduce USD 3.5 billion of debt and prepare for bond repayments, Bloomberg reported. The operator is also disposing of mobile masts in Gabon, Malawi and Chad, CEO Raghunath Mandava told Bloomberg in an interview. Mandava said Airtel is constantly seeking to bring down debt, and prefers to do so even faster with the tower deals.
Tags: sales
plans
reduce
africa
NIO launches 100 kWh battery with flexible battery upgrade plans; cell-to-pack technology
2020-11-06 15:55:44| Green Car Congress
Tags: technology
plans
upgrade
flexible
Treasury Wine Estates updates on Q1, China imports row and Penfolds demerger plans
2020-11-05 14:03:00| Daily beverage news and comment - from just-drinks.com
Treasury Wine Estates has provided an update on its recent performance while flagging the potential for turbulence in China over the coming weeks.
Tags: china
plans
updates
wine
Cellnex 9-mth EBITDA up 68%, confirms guidance and M&A plans
2020-11-04 09:28:00| Telecompaper Headlines
(Telecompaper) Spanish operator Cellnex Telecom, Europe's largest mobile towers company, reported revenues up 53 percent year on year to EUR 1.15 billion in the 9 months to end of September, with EBITDA surging 68 percent to EUR 838 million after consolidating assets acquired in 2019 in France and Italy (Iliad), Switzerland (Salt), the UK (Arqiva), Ireland (Cignal) and Spain (Orange), as well as the purchase of OMTEL in Portugal (3,000 sites) and the recent acquisition of 7,000 Polish sites from Iliad. On the back of these results, the company confirmed the upwardly revised guidance it issued in July of full-year EBITDA amounting to EUR 1.16-1.18 billion from a previous estimate of EUR 1.065-1.085 billion and free and recurring cash flow (RLFCF) of around 70 percent for 2020 versus an initial estimate of 50 percent.
Tags: ma
plans
guidance
confirms
Pub plans eased as takeaway beer sales now allowed
2020-11-03 21:33:56| BBC News | Business | UK Edition
Pre-ordered alcohol can be collected by customers as long as they do not enter the premises.
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