Orange and MásMóvil have received permission from the European Commission to merge their operations in Spain.
Wholesale and Capacity
Several Companies Interested in Taking Over Cellnex's Irish Unit
Several companies, including tower operators SBA Communications Corp and Phoenix Tower International; and Spanish fund, Asterion Industrial Partners, are reportedly interested in acquiring Cellnex's Irish unit. Cellnex, a Spanish telecommunications company, currently operates around 2,000 cell sites in Ireland and is estimated to be valued at nearly EUR 1 billion (USD 1.08 billion). Binding offers for the acquisition are expected to be submitted next week, indicating a significant move in the telecommunications market.
Expanding International Traffic Gateways: EXA Infrastructure Diversifies Network Outposts Beyond Sicily
The expert in digital infrastructure, EXA Infrastructure, has announced major investments in its network that connects Sicily to mainland Italy. These investments include improvements to the Janna cable system and the addition of a submarine route that runs from Palermo to Genoa. With four different routes available from Sicily, EXA can now offer businesses more options and resilience.
Wind Tre Acquires 5G Assets from OpNet for EUR 485 Million
Wind Tre, an Italian network operator, has acquired the assets of OpNet, a wholesale fixed wireless access provider.
Greece and UAE Sign Agreement to Advance the Development of Digital Infrastructure
The UAE Ministry of Investment and the Hellenic Republic's Ministry of Digital Governance have signed a Memorandum of Understanding (MoU) to establish a framework for digital infrastructure investments, with a focus on data center projects in Greece.
Tesco and Virgin Media O2 Agree to Renew Joint Venture for Another 10 Years
Virgin Media O2 (VMO2) and Tesco have announced a ten-year extension of their ongoing partnership centered on joint venture Tesco Mobile. Tesco Mobile was formed as a joint venture between the two companies twenty-one years ago, and it has since grown to become the UK's largest mobile virtual network operator (MNVO), with over 5.5 million customers. In 2022, sales rose 9.4% to GBP970 million.
SPLANG and EllaLink Reveal Plans for a Subsea Route Between Europe and French Guiana
EllaLink will provide a secure connection between French Guiana, home of the European Space Center, and continental Europe via a new high-capacity and low-latency route.
T-Mobile, Nokia Partner to Optimize Scalability and Efficiency of 5G HSI Service
Nokia has announced a partnership with T-Mobile to develop a dedicated gateway solution that supports LTE, 5G NSA, and 5G SA technologies for the service provider's nationwide fixed-wireless High-Speed Internet (HSI) traffic. Nokia will deploy its Multi-Access Gateway (MAG) solution, enabling T-Mobile to improve service scalability and time-to-market.
Telefónica Increases Stake in its German Subsidiary
Telefónica has raised its stake in its German subsidiary to 93.1% through a public tender offer to shareholders, spending approximately EUR 1.5 billion in cash.
Italian Government Approves TIM's Network Sale to KKR
The Italian government has approved Telecom Italia's (TIM) sale of its fixed line network to US investment firm, KKR, noting that KKR's ownership does not violate the state's 'Golden Power' rules, which are intended to protect strategic assets.