July 17, 2025 - 23:11
EQT AB, Omers Administration Corp., and Phoenix Tower International are preparing to submit their final bids for a majority stake in Cellnex Telecom SA’s Swiss business. This significant transaction is anticipated to reach a valuation of up to €2 billion, equivalent to approximately $2.3 billion. The interest from these investment firms highlights the growing appeal of telecommunications infrastructure, particularly in the Swiss market.
The bidding process has attracted considerable attention, reflecting the competitive landscape in the telecom sector. Cellnex, a major player in the European telecommunications infrastructure market, is looking to streamline its operations and focus on core areas of growth. The potential sale of its Swiss business aligns with this strategy, allowing the company to allocate resources more effectively.
As the deadline for final bids approaches, market analysts are keenly observing the developments, anticipating how this deal could reshape the telecommunications landscape in Switzerland and beyond.
September 9, 2025 - 07:47
Court Ruling Protects Ex-Kroger CEO from Deposition on Resignation DetailsIn a recent legal decision, a judge has ruled in favor of Rodney McMullen, the former CEO of Kroger, allowing him to avoid deposition questioning regarding the circumstances of his resignation....
September 8, 2025 - 22:00
Celebrating a Decade of Innovation: San Antonio Startup Week 2025San Antonio Startup Week has reached its 10th year of bringing together entrepreneurs, investors, and business leaders for conversations about the Alamo City’s economic future. This milestone...
September 8, 2025 - 11:36
Chicago Man Arrested for Murder Following Fatal Struggle in South LoopA Chicago man has been arrested in connection with the murder of a 31-year-old man who was shot and killed during a struggle inside a South Loop business Friday night. The incident unfolded when...
September 7, 2025 - 20:41
Disruption of Microsoft Azure Cloud Services Due to Red Sea Fiber Optic DamageRecent incidents involving damaged fiber optic cables in the Red Sea have led to significant disruptions in Microsoft`s Azure cloud services. The company has issued a warning to its users about...