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Srikapardhi March 1st, 2025 7:26 PM 0 COMMENTS

Infinera Becomes Part of Nokia as Acquisition Deal Closes

Finnish telecom equipment maker Nokia has officially completed the acquisition of Infinera Corporation, integrating the San Jose, US-based optical networking company into its operations in a USD 2.3 billion deal. The announcement follows the European Union's (EU) unconditional approval on February 26 of Nokia's takeover of Infinera. Also Read: Nokia Completes Sale of Alcatel Submarine Networks to French State Strengthens Nokia's Optical Networking Business Nokia stated on Friday that the... Read More

Srikapardhi February 23rd, 2025 12:18 PM 0 COMMENTS

Deutsche Telekom Deploys Drone-Based Mobile Network for Temporary Coverage

Deutsche Telekom has deployed a drone to provide mobile network coverage for the first time on a live commercial network. During the Jizerska 50 ski race in the Czech Republic, the unmanned aerial vehicle (UAV) operated at an altitude of 2.3 kilometres, delivering connectivity to an otherwise uncovered six-kilometre stretch of the racecourse. "This makes Deutsche Telekom the first-ever carrier in Europe to deploy this type of flying base station,"... Read More

Srikapardhi February 12th, 2025 6:44 PM 0 COMMENTS

GNM Expands Network with First PoP in Budapest

Global backbone provider GNM has launched its first Point of Presence (PoP) in Hungary, located at Dataplex (Magyar Telekom Cloud and DataCenter) in Budapest. This new PoP strengthens Central European connectivity, offering telecom operators and businesses enhanced access to network infrastructure, the company announced on Wednesday, February 12, 2025. Also Read: GlobalNet Launches New Point of Presence in Zurich Enhanced Network Performance and Redundancy The Budapest PoP utilises GNM's DWDM... Read More

Srikapardhi February 7th, 2025 11:05 AM 0 COMMENTS

Indus to Acquire Telecom Towers of Bharti Airtel and Hexacom for Rs 3,308.7 Crore

Telecom infrastructure company Indus Towers (Indus) will acquire mobile sites of Bharti Airtel Limited and Bharti Hexacom Limited for Rs 3,308.7 crore, the company said in a regulatory filing. The boards of Bharti Airtel and Bharti Hexacom have approved the sale/transfer of approximately 12,700 telecom towers and 3,400 telecom towers for Rs 2,147.6 crore and Rs 1,134 crore, respectively. The deal excludes the transfer of sites installed under Universal Service... Read More

Srikapardhi February 6th, 2025 11:45 AM 1 COMMENTS

Pace of 5G BTS Deployments Slowed Down: Indus Towers

Telecom infrastructure provider Indus Towers (Indus) has recorded the highest quarterly In-Building Solutions (IBS) deployment, and the company expects the momentum to continue as it continues to strengthen its IBS portfolio. During the quarter, Indus added 4,985 macro towers and 7,583 corresponding co-locations. "The total macro towers and co-locations base grew by 10.8 percent and 7.2 percent each year-on-year, standing at 234,643 and 386,819 respectively," said the Managing Director and... Read More

Kripa B February 4th, 2025 11:43 AM 0 COMMENTS

Indus Towers to Acquire 26 percent Stake in Amplus Tungabhadra for Renewable Push

Indus Towers has entered into an agreement to acquire a 26 percent stake in Amplus Tungabhadra Private Limited, a special purpose vehicle (SPV) operating in the renewable energy space, for a cash consideration of approximately Rs 27 crore, the telecom tower company informed exchanges on Tuesday. Also Read: Indus Towers Reports Rs 4,003 Crore Profit in Q3, Enters EV Charging Market Investment in Renewable Energy Indus Towers said, "The planned... Read More

Kripa B January 24th, 2025 5:51 PM 0 COMMENTS

Indus Towers Reports Rs 4,003 Crore Profit in Q3, Enters EV Charging Market

Indus Towers Limited (Indus Towers) reported a net profit of Rs 4,003 crore in the fiscal third quarter which ended December 31, 2024, reflecting a 159.9 percent year-on-year increase. This growth was driven by tower additions and significant overdue collections from Vodafone Idea (Vi), one of its major customers. Quarterly revenue rose by 4.8 percent year-on-year to Rs 7,547 crore. Also Read: Vodafone Increases Stake in Vi to 24.39 Percent... Read More

Srikapardhi January 20th, 2025 3:28 PM 0 COMMENTS

Telefonica Germany, Orange and Partners Join to Set Up Cross-Border 5G Highway Corridor

Telefonica Germany (O2 Telefonica), Vantage Towers, Orange and its tower company Totem, and the Saarland University of Applied Sciences (htw saar) are collaborating to create what they call "one of Europe's first cross-border 5G highway corridors." The four companies are joining forces to set up a cross-border 5G network alongside the highway connecting the French city of Metz with Saarbruecken in Germany. Also Read: Telefonica Germany to Expand 5G Network... Read More

Kripa B January 14th, 2025 7:56 PM 0 COMMENTS

VNT Surpasses 4,500 Telecom Power Installations in Philippines

Vrinda Nano Technologies (VNT) has surpassed 4,500 installations of its telecom power solutions across the Philippines. According to the company, these solutions are designed to support the expansion of telecom infrastructure across the country. Also Read: Viavi to Build Open RAN Lab in Philippines Driving Operational Efficiency and Uptime The company states that its solutions are driving exceptional uptime and operational efficiency. "This milestone reflects the company's unwavering commitment to... Read More

Srikapardhi January 7th, 2025 1:00 PM 0 COMMENTS

Indus Deploys 180 Towers in Prayagraj for Maha Kumbh Mela 2025

Indian telecom infrastructure provider Indus Towers has deployed 180 towers in Prayagraj to enhance and augment connectivity during the Mahakumbh Mela 2025. The infrastructure company has partnered with the Uttar Pradesh State Government and the District Administration to ensure seamless connectivity for all pilgrims and residents of Prayagraj during the Mela, Indus Towers said in a statement on Tuesday. Also Read: Airtel Rolls Out Major Network Upgrades Ahead of Maha... Read More

Srikapardhi December 29th, 2024 2:34 PM 0 COMMENTS

Cellnex Completes Sale of Austrian Unit to Consortium for EUR 803 Million

Cellnex Telecom has completed the sale of its Austrian business to a consortium comprising Vauban Infrastructure Partners, through Vauban's Funds, EDF Invest, and MEAG, the asset manager of Munich Re and ERGO, for EUR 803 million. The transaction, first announced on August 9, 2024, marks the divestment of the 4,600 sites Cellnex had managed in Austria since acquiring CK Hutchison's infrastructure in 2021. Also Read: Cellnex Sells Austrian Tower Operations... Read More

Kripa B December 14th, 2024 10:04 AM 0 COMMENTS

Indus Towers to Acquire 26 Percent Stake in JSW Green Energy Eight

Indus Towers, a subsidiary of Bharti Airtel, has entered into a Power Purchase Agreement (PPA) with JSW Green Energy Eight Limited, a special purpose vehicle (SPV), to procure renewable energy from a solar photovoltaic (PV) plant under the captive mode. The agreement, signed on December 12, 2024, marks a step towards enhancing the Company's commitment to sustainability and green energy. Also Read: Bharti Airtel Gets CCI Approval to Raise Indus... Read More