Macquarie Explores Potential Sale of Altafiber Exceeding $5 Billion
Macquarie Group is assessing the opportunity to divest its telecommunications subsidiary Altafiber, with potential sales figures anticipated to surpass $5 billion. This consideration emerges amid a competitive environment in the communications sector, where growing demand for fiber-optic infrastructure presents lucrative prospects for investors.
Continue readingMacquarie Takes a Bold Step: Bidding for Axiata’s Telecom Infrastructure Division
In a major development in the telecommunications sector, Australian investment group Macquarie has reportedly placed a bid for Axiata Group Berhad’s telecom infrastructure arm. This move signals a potential reshaping of the telecom landscape in Asia as Macquarie seeks to expand its footprint in the fast-growing digital infrastructure market.
Continue readingMacquarie Explores Potential Sale of Philippines Telco Tower Business
In a significant development in the telecommunications infrastructure market, Macquarie Group is reportedly considering the sale of its telecommunications tower operations in the Philippines. This potential divestiture reflects broader trends in the rapidly evolving telecom sector, where the demand for efficient infrastructure management continues to grow.
Continue readingTelecom Italia Takes Strategic Step: CEO Authorized to Explore Sale of Sparkle
In a significant development, the board of Telecom Italia has empowered Chief Executive Officer Pietro Labriola to negotiate an offer for its submarine cable business, Sparkle. The decision has assumed significance as it came when Telecom Italia was streamlining its operations and divesting the businesses that were not core to the company.
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