Vodafone takes its mobile tower assets to market

Vodafone takes its mobile tower assets to market
Infratil-owned Vodafone indicated last month it would sell its passive mobile assets. (Image: Deposit Photos)
Henry Burrell
Vodafone New Zealand has appointed Barrenjoey and UBS to advise it on the possible sale of its passive mobile infrastructure tower assets. This includes such physical infrastructure such as towers, masts, poles, foundations, and other facilities, which are essential to providing its services but give it no competitive advantage.Other assets such as spectrum, core mobile network infrastructure, the radio network, and backhaul systems will remain owned by Vodafone, which will use capital raised by the sale of the so-called "TowerCo"...

More Technology

We need to accelerate our AI uptake
Opinion

Justin Gray: We need to accelerate our AI uptake

AI is no silver bullet, but it has a role to play in lifting NZ's low productivity.

Justin Gray 01 Dec 2023
Unity cuts off services deal with Wētā FX
Technology

Unity cuts off services deal with Wētā FX

Wētā hopes to take on as many as possible of the 256 staff made redundant as a result.

Ben Moore 30 Nov 2023
US giant's $107m closed tender win should be probed
Markets

US giant's $107m closed tender win should be probed

NZ software boss says Koch-owned firm's Three Waters win was "strange".

Business of Tech podcast: 2023 was the year of AI, where will it head in 2024?
Technology Free

Business of Tech podcast: 2023 was the year of AI, where will it head in 2024?

Frith Tweedie and Matt Ensor share their thoughts on where the tech is headed.