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American Tower completes $5B deal for Verizon communication towers

2015-03-30 17:29:30| IT Services - Topix.net

American Tower, led by CEO James Taiclet, said it completed a deal to take over thousands of Verizon towers for about $5 billion in cash. Boston-based American Tower Corp. said Monday that it completed a deal to take over 11,324 communications towers from Verizon Communications for about $5.1 billion in cash.

Tags: american deal communication tower

 

Wind closes sale of 7,000-plus towers in Italy

2015-03-27 01:00:00| Total Telecom industry news

Spanish infrastructure company buys 90% stake in Italian telco's towers business; announces name change.

Tags: sale italy wind closes

 
 

Pipe Laying Operation Started with our Two Pipe-Laying Towers

2015-03-16 17:05:00| Offshore Technology

IMECA is an integrator of complete assemblies for pipes and hoses; the company provides specially designed turnkey pipeline-laying solutions. From the drawing board right through to commissioning, IMECA manufactures made-to-measure VLS and multi-lay

Tags: started operation pipe towers

 

Panasonic Developing Comprehensive, Smart Energy Solution For Cellular Towers and Wi-Fi Sites

2015-03-03 11:31:14| Industrial Newsroom - All News for Today

Working with PowerOasis, Panasonic highlights Green Tower solution that integrates smart energy generation, storage and remote asset management software NEWARK, N.J.  Panasonic Eco Solutions will introduce its Green Tower comprehensive energy solution for cellular tower and Wi-Fi hotspot sites at the Mobile World...

Tags: sites solution energy comprehensive

 

Italian government blocks EI Towers bid for RaiWay

2015-02-26 08:28:00| Telecompaper Headlines

(Telecompaper) The Italian government has rejected a bid by Mediaset-controlled EI Towers to acquire rival Italian tower operator RaiWay for around EUR 1.23 billion in cash and stock. In a statement, the economic development ministry said that in view of the strategic importance of the assets, it wouldn't be accepting the offer. Under a September decree, at least 51 percent of RaiWay has to remain under the control of state broadcaster Rai. The government's move comes a day after EI Towers said it was offering EUR 3.13 in cash plus 0.03 new EI Towers common shares for each RaiWay share, valuing the Rome-based company's stock at EUR 4.50 each. The aim was to "create a single operator of broadcasting towers in Italy," said Mediaset. Rai Way was listed on the Milan stock exchange in November in an IPO that valued the company at around EUR 800 million and left Rai with a controlling stake of 65 percent. However, the news that Mediaset was seeking to acquire one of Rai's last strategic assets was described as unacceptable by Italian opposition parties and trade unions. EI Towers had earlier announced that its shareholders would be meeting on 27 March to approve a capital increase for the transaction.

Tags: government italian bid blocks

 

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