BT Group has agreed to the sale of the BT Tower for £275 million (€321.2m) to MCR Hotels, which plans to preserve the Tower as an iconic hotel. As the UK heads into an all-digital future, a number of network operations that were traditionally provided from BT Tower are now delivered via BT Group’s fixed […]

Italian state broadcaster RAI has announced plans to sell up to 15 per cent of its majority stake in its listed broadcast tower unit, Rai Way. The move, which aims to raise funds for a new three-year business plan, will enable RAI to monetise Rai Way while retaining control. According to the public broadcaster, its […]

Zain has announced the signing of definitive agreements between Ooredoo Group, Zain Group and TASC Towers Holding to create the largest tower company in the MENA region, in a cash and share deal. The enlarged tower company, comprising approximately 30,000 towers, has a combined estimated current enterprise value of $2.2 billion (€2bn). Ooredoo and Zain […]

Italian TV tower company Rai Way has reported a 24 per cent increase in net profit for the first nine months of 2023, to €69.8 million, as a result of higher revenue and lower costs. Core revenues were up 10.7 per cent on an annual basis to €204.1 million, of which €172.6 million attributable to […]

Connectivity company DISH and communications infrastructure provider Crown Castle have agreed a long-term deal through which Crown Castle will lease DISH space on up to 20,000 communication towers in the US. As part of the agreement, DISH will receive certain fibre transport services and also have the option to utilise Crown Castle for pre-construction services. […]