Data Center News

Vodafone Sells Part of its Stake in Vantage Towers Unit to GIP and KKR

Vodafone has announced the sale of some of its stake in Vantage Towers to Global Infrastructure Partners (GIP) and KKR while also creating a new joint venture with them. Per the deal, the tower unit is worth €16.1 billion ($16.1bn). The sale also sees Vodafone receive €3.2 billion ($3.2bn) ...

November 11, 2022

Abdul-Rahman Oladimeji

Vodafone

Vodafone NZ Sells Towers For $1 Billion

Vodafone NZ has sold off its tower infrastructure business. The deal is reportedly worth NZ $1.7bn ($1bn). One of the owners of Vodafone NZ- Infratil said the conditions for the transaction has been met and the sale was completed in the first week of November. Co-investors in Vodafone NZ- Infr...

November 07, 2022

Abdul-Rahman Oladimeji

Vodafone

KKR The Favorite To Acquire Vodafone's Tower Unit

According to Bloomberg, Investment company KKR is the frontrunner in the race to acquire Vodafone’s tower arm unit, Vantage Towers. The unit is worth a stunning $14 billion. KKR is competing with Cellnex Telecom for the acquisition. Vodafone is trying to sell off its 82% stake in the business ...

November 04, 2022

Abdul-Rahman Oladimeji

Vodafone

Vodafone Idea wants to sell fixed-line broadband subsidiary and land meant for data centers

Vodafone Idea, an Indian telecom operator, wants to sell its optic fiber unit, fixed-line broadband subsidiary, and data center business to settle its debts. According to the Company’s latest financial books, Vodafone Idea has a gross debt of Rs 1,803.1 billion ($2.4 billion). It is looking t...

July 05, 2021

Eric Bell

Vodafone

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