30 | American Tower buys Telefónica’s tower business for $9.4B | ----------- | |
FierceWireless: Wireless | 2021-01-14 03:00 | ????0? | |
The Wireless industry is an ever-changing world where big ideas come along daily. Our subscribers rely on FierceWireless as their must-read source for the latest news, analysis and data on this increasingly competitive marketplace. Sign up today to get wireless news and updates delivered to your inbox and read on the go. Bartlett recently spoke at a Citi investor conference where he talked about the company’s global ambitions, and he particularly stressed opportunities in India. Today, he said the purchase of Telefónica’s tower assets “will further diversify our global footprint and enhance our ability to help provide broadband connectivity for billions of people.”On the negative side, Telefónica is exiting a business that is seen as having great potential in the future with the buildout of 5G. Bartlett said recently that he expects operators to spend a lot of capex to deploy the next generation wireless technology, “which I think is a very strong statement for our business,” he said. -- ???????? | |||
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