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CVC buys Myanmar's Irrawaddy Green Towers for reported USD 700 million

2020-12-11 14:20:00| Telecompaper Headlines

(Telecompaper) Private equity firm CVC Capital has agreed to buy Myanmar telecom tower company Irrawaddy Green Towers for USD 700 million, Reuters reported, citing sources familiar with the matter. "With CVC as a future shareholder, the company is poised for further growth and success for the benefit of the people of Myanmar", Irrawaddy chairman Georges Makhoul said in a statement to Reuters. The statement did not provide any financial details about the deal.

Tags: green million reported usd

 

Airtel Africa moves to offload 4,500 towers

2020-11-06 01:00:00| Total Telecom industry news

Airtel Africa has today announced plans to sell around 4,500 telecoms towers in a bid to accelerate the reduction of its $3.5 billion in debt.   The towers are spread throughout five countries – Tanzania, Madagascar, Chad, Gabon, and Malawi – and will reportedly be leased back to Airtel after their sale…read more on TotalTele.com »

Tags: africa moves towers airtel

 
 

Insatiable: Cellnex eyeing Hutchison towers for 9bn

2020-10-27 01:00:00| Total Telecom industry news

After a year of purchase after purchase, one would be forgiven for thinking that Spanish operator Cellnex is satiated, at least for the rest of the year. According to reports, however, you would be wrong, with Cellnex seemingly saving the best for last &ndash…read more on TotalTele.com »

Tags: towers hutchison eyeing 9bn

 

Cellnex buys yet more towers, this time from Poland's Play

2020-10-23 02:00:00| Total Telecom industry news

2020 has been a big year for Cellnex, a company which has been on a relentless mission to acquire towers to expand its infrastructure empire. At the start of 2020, the company counted some 36,500 sites in eight European countries among its portfolio. Fast forward to today and Cellnex is making a deal with Poland’s Play that will see the operator double that figure…read more on TotalTele.com »

Tags: time play buys towers

 

New Yorks Luxury Senior-Living Towers Open to Covid-Era Reality

2020-10-12 19:31:00| National Real Estate Investor

The team behind the project insists assisted living can reduce the isolation that seniors are feeling as the virus keeps visitors away.

Tags: open reality luxury towers

 

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