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Virgin Media O2 is selling a 16.7 per cent stake in mobile tower joint venture Cornerstone to infrastructure fund GLIL Infrastructure for about £360 million.
The 10-site pilot will stretch across Queen Victoria Street and pass places such as Bank, Blackfriars, Mansion House and Millennium Bridge
Trial deployment of Eco-Towers will start later this year.
Deal adds €62m in EBITDA to Voda’s infrastructure unit Vantage Towers
The 15-year contract will see the operator manage one of the most technically advanced WiFi projects in the world
Sources claim both operators are demanding more independence under new terms of the mast sharing agreement
Dyson may stick with EE should Hutchison’s £10.25bn O2 acquisition complete