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Ireland

Cellnex completes $11.5bn UK tower takeover

Barcelona-headquartered wireless telecommunications infrastructure and services group Cellnex Telecom has completed its acquisition of the telecommunications tower assets of CK Hutchison in the UK. The transaction includes interests in or revenues deriving from up to 6,600 sites, once the build-...

November 15

GIP, KKR buy major share slice in Vantage Towers

A consortium of funds led by Global Infrastructure Partners (GIP) and KKR (together “the Consortium”) have entered into a strategic co-control partnership with Vodafone GmbH for Vodafone’s c. 81.7% stake in European tower company Vantage Towers AG. As part of the transaction, Vodafone will transfer its stake in Vantage Towers, whose market valuation before the transac...

November 15

Europe told to ‘brace’ for subsea cable strikes after Nord Stream was blown up in a possible Russian attack

Subsea digital infrastructure operators alongside pipes, rigs and other infrastructure managers in Europe have been told to prepare for possible attacks on their critical networks after the two Nord Stream gas pipes were blown up almost in three simultaneous attacks thought to have been orchestrated by Russia. The underwater explosions come seven months after Russia’s pre...

September 28

European cloud market is now worth $26bn, but players are losing market share

The European cloud market is now over five times as big as it was in early 2017, reaching €10.4 billion (US$10.9 billion) in the second quarter of 2022. Over that same period, European service providers have grown their cloud revenues by 167%, but their market share has declined from 27% to 13% as their growth rate lagged well behind the overall cloud market growth, accor...

September 28

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