NZ telco in search of investor for towers business

Telecoms outfit Spark New Zealand has is seeking a new investor for its yet to be established towers business, Spark TowerCo

Cannon-Brookes invests A$200m in Infradebt

Australian billionaire and green energy proponent Mike Cannon-Brookes has taken an equity stake in renewables investor Infradebt with a A$200 million contribution

Australia’s Telstra, TPG ink network sharing agreement

Two of Australia’s largest telecommunications companies – Telstra and TPG Telecom – on Monday agreed on a 10-year regional Multi-Operator Core Network sharing agreement allowing the firms use of each other’s mobile infrastructure

Antin to split Lyntia prior to sale

Antin Infrastructure Partners-owned fibre operator Lyntia Networks is expected to come on the market, with IMs to be issued in the next 2 weeks

Altamar third fund tipped for 2023

Spain’s AltamarCAM is expected to launch its third fund-of-funds in 2023, IJGlobal understands

Minority interest in GlobalConnect up for grabs

Digital infrastructure and data communication provider GlobalConnect is planning to sell off a 38% stake in its business

GLP to build 900MW data centres in Japan

Singapore-headquartered investment holding company GLP has announced plans to enter the Japanese data centre market by investing more than $13 billion to deliver up to 900MW of power capacity

Reliance Jio lands Maldives undersea cable system

Reliance Jio has landed a multi-terabit India-Asia-Xpress undersea cable system in collaboration with Ocean Connect Maldives in the South Asian archipelago

Airtel joins SEA-ME-WE-6 consortium

Indian telecom multinational Bharti Airtel has joined the SEA-ME-WE-6 undersea cable consortium to increase its high-speed global network capacity

Slate hires in Schmid to head infra strategy

Slate Asset Management has appointed Christian Schmid as managing director and global head of infrastructure to lead on a new impact investment strategy focused on infrastructure

D9 Tetra buy pulled over pre-emption rights

Digital 9 Infrastructure has terminated the planned SPA to acquire a 56% stake in Tetra Ireland Communications for €76 million from Eir due to preemption rights exercised by another shareholder

Demiralan follows Yates into RPS

Energy and utilities specialist Bora Demiralan has started at the growing London office of infrastructure advisory firm RPS Group, having joined from engineering Arup

Entel scouts data centre buyer

Chilean telco Entel is weighing the potential sale of its data centre business

Approval for PIF-led acquisition of telecom towers

Zain Group has approved a $807 million offer from a Public Investment Fund-led consortium to acquire an 80% majority stake in Zain KSA’s fleet of 8,069 passive tower infrastructure

JV to develop Philippines data centre portfolio

A JV between Philippines-based JJYnchausti Ventures and US-based CloudCenters is investing up to $500 million during the next 3 years on a data centre portfolio in the Philippines