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Cellnex to buy tower infrastructure of Play in Poland

2020-10-23 10:46:00| Telecompaper Headlines

(Telecompaper) Spanish operator Cellnex has agreed to acquire the tower infrastructure of Polish operator P4 from France's Iliad group. Under the deal, Cellnex will buy about 7,000 sites, and pay EUR 800 million for a 60 percent controlling stake in the company that will manage those sites. The newly-created tower company plans to invest up to EUR 1.3 billion into rolling out of up to 5,000 new sites over the next 10 years. Iliad launched a takeover bid for Play  last month and is expected to close that deal by November. The agreement between Iliad and Cellnex is expected to complete in the second quarter of next year. At that point, Cellnex will have 73,000 sites in nine countries. 

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Goldmans Infrastructure Arm Makes $500 Million Data-Center Bet

2020-10-20 15:48:00| National Real Estate Investor

The infrastructure arm of the Goldman Sachs Group will invest $500 million in Global Compute Infrastructure LP.

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GTT selling infrastructure division for $2.15 billion

2020-10-19 02:00:00| Total Telecom industry news

On Friday, GTT Communications announced its intentions to tell its infrastructure division to I Squared Capital for $2.15 billion.     The sale includes a multitude of assets, including a 103,000 km fibre network that spans 400 points of presence across 31 metro areas and 103 cities in Europe and North America…read more on TotalTele.com »

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GTT sells infrastructure division for USD 2.15 billion

2020-10-16 15:50:00| Telecompaper Headlines

(Telecompaper) GTT Communications said it has agreed to sell its infrastructure division to investment group I Squared Capital for USD 2.15 billion. GTT interim CEO Ernie Ortega said the divestment will enable the company to better focus on network investment and the development of high-speed infrastructure services. It will also reinforce GTT's capex light business model and its strategy to develop cloud networking.

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IndustryVoice: How to Accelerate E&P Innovation Without Infrastructure Constraints

2020-10-12 21:00:00| OGI

AWS provides an elastic and scalable cloud infrastructure to run HPC applications.

Tags: without infrastructure innovation constraints

 

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