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Cellnex sees US companies following its lead in Europe

Cellnex sees US companies following its lead in Europe 26 APR 2021 Spanish tower operator Cellnex claimed to have started a trend US companies are now following, by buying infrastructure from European operators looking for ways to cash in on their assets. Product strategy and innovation director Jose Antonio Aranda Legazpe told Mobile World Live ( MHL) Cellnex “has been the catalyser. Following our strategy others have joined”. Since 2015, Cellnex has been buying towers across Europe. The company now owns 71,000, and says the number swells to 128,000 when it includes acquisitions not yet closed and build-to-suit obligations. American Tower is the most prominent example of a US company which appears to be following a similar strategy in Europe.

KKR Nearing Deal to Buy Stake in Fiber Company MetroNet

KKR Nearing Deal to Buy Stake in Fiber Company MetroNet Bloomberg 2 hrs ago © Bloomberg Sberbank PJSC Opens Russia s Biggest Data Processing Center (Bloomberg) KKR & Co. is nearing a deal to acquire a minority stake in MetroNet that values the provider of fiber-optic internet, phone and television services at almost $3 billion including debt, according to people with knowledge of the matter. Popular Searches A transaction could be announced as soon as this week, the people said. Oak Hill Capital, a private equity firm, will invest additional capital into the company, the people said. KKR and Oak Hill representatives declined to comment. A spokesperson for Evansville, Indiana-based MetroNet didn’t immediately respond to a request for comment.

T-Mobile Netherlands, KKR to invest 700 million euros in fibre optic

By Reuters Staff 1 Min Read FILE PHOTO: A T-Mobile logo is advertised on a building sign in Los Angeles, California, U.S., May 11, 2017. REUTERS/Mike Blake AMSTERDAM (Reuters) - T-Mobile Netherlands said on Wednesday it will invest at least 700 million euros ($832 million) to build and offer fibre optic networks in Dutch cities together with Open Dutch Fibre, a joint venture between KKR Infrastructure and Deutsche Telecom Capital Partners. The project aims to reach 1 million households within five years, it said. T-Mobile competes against KPN and VodafoneZiggo in the Netherlands. In March, KPN announced a 440 million euro partnership with pension fund giant ABP to speed up its fibre optic rollout, targeting customers in under-served areas.

What s up with… Industrial 5G, Telenor & Axiata, Fujitsu & Trend Micro, KKR & Open Dutch Fiber, 5G

What s up with… Industrial 5G, Telenor & Axiata, Fujitsu & Trend Micro, KKR & Open Dutch Fiber, 5G
telecomtv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telecomtv.com Daily Mail and Mail on Sunday newspapers.

Netherlands to gain €700m infrastructure

× Investment firm, KKR and investment management platform DTCP have teamed up to launch independent infrastructure platform, Open Dutch Fiber. The new company is set to deploy FTTH broadband in the Netherlands across urban and higher population density areas. The platform has an open architecture and will make wholesale fibre services available to all operators. Operations in the second quarter of this year with a fully-funded commitment for an envisaged capital expenditure of approximately €700m. Open Dutch Fiber has already signed an agreement with T-Mobile Netherlands, which currently has a mobile base of 6.8 million customers and a fixed base of 682,000. This will make it the anchor tenant for Open Dutch Fiber with a 20-year agreement.

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