Harmoni Towers, which is backed by Palistar Capital (formerly Melody), will acquire Parallel Infrastructure, which is sponsored by Apollo Global.
Cell tower locations are vital to your 4G LTE and 5G wireless service, while cell tower maps and locators help identify your nearest tower.
Carlyle Group has committed $1 billion to partner with Tillman Global Holdings to invest in Tillman Infrastructure, a cell tower company in the U.S.
Cell tower lease rates showcase the multi-decade relationship between the wireless carriers leasing space from the tower companies who rent infrastructure.
Vodafone New Zealand, owned by Brookfield and Infratil, sells its 1,484 towers, via Aotearoa, for NZ$1.7 billion to InfraRed Capital (HICL) and Northleaf.
DigitalBridge and Brookfield acquire a 51% of GD Towers for €17.5 billion, which comprises Deutsche Telekom’s 40,000 towers in Germany and Austria.
Ontario Teachers’ Pension Plan (OTPP) will acquire a 70% interest in Spark New Zealand’s 1,263 mobile towers for NZ$900 million ($550 million USD).
How much does it cost to build a cell tower, including site acquisition, direct materials like steel and concrete, and labor for site construction?
Phoenix Tower International (PTI) will acquire 3,800 telecommunications sites from WOM in Chile, for total consideration of $930 million.
Digital 9 Infrastructure will acquire a 48.02% voting stake in Arqiva Group for £459.3 million from Canada Pension Plan Investment Board (CPP Investments).
OMERS Infrastructure will acquire Stilmark Group, an independent developer, owner, and operator of mobile tower assets in Australia.
Peppertree Capital partnered with iSON Tower Ltd Inc, an independent tower company, to fund the roll-out of cellular towers in the Philippines.