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Rakuten Mobile grabs stake in JTOWER as debt increases

2021-10-18 02:00:00| Total Telecom industry news

Rakuten Mobile has reportedly purchased a minority share in Japanese tower infrastructure specialist JTOWER, hoping to lower their network deployment costs in the face of rising debt. The operator launched its commercial 4G services back in April 2020 and since then has expanded their network considerably, including the launch of 5G services in October the same year. However, to compete with its more established rivals…read more on TotalTele.com »

Tags: mobile increases debt stake

Rakuten Mobile grabs stake in JTOWER as losses increase

2021-10-18 02:00:00| Total Telecom industry news

Tags: mobile increase losses stake

Newly formed Altice UK grabs 2bn stake in BT

2021-06-10 02:00:00| Total Telecom industry news

Today, BT has confirmed that Altice has acquired a 12.1% stake in the company for around £2 billion. Altice Group, owned by billionaire Patrick Drahi, currently operate France’s second largest operator SFR, as well as other operations in Portugal, Isreal, and the Dominican Republic. For their new investment in BT, the Group has created a new business unit…read more on TotalTele.com »

Tags: formed newly stake grabs

Mexicos largest private tower company could soon be up for grabs

2021-05-27 02:00:00| Total Telecom industry news

Reports suggest that the international investor appetite for mobile infrastructure may soon hit Mexico, with Digital Colony and Macquarie mulling the sale of MTP. MTP was formed back in 2014 by Digital Colony’s predecessor Digital Bridge, with the company at the time having a portfolio of around 550 towers in its network…read more on TotalTele.com »

Tags: for up company private