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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

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 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

 

Tata grabs bigger slice of AirAsia and India's airline industry

2020-12-30 03:23:50| BBC News | Business | UK Edition

The Jaguar Land Rover owner has taken a bigger stake in AirAsia India following its bid for Air India.

Tags: industry bigger airline slice

 

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