American Tower looks for M&A after funding $10.4B CoreSite acquisition
U.S. tower real estate investment trust American Tower (NYSE: AMT) is reviewing opportunities for further mergers and acquisitions after shaking...
Financing
Broadcom to buy VMware for $61 billion in record tech deal
Broadcom Inc. agreed to buy cloud-computing company VMware Inc. for about $61 billion in one of the largest technology deals...
Cambium Q1 revenues dip 32% YoY on supply chain, China lockdowns
Fixed wireless equipment maker Cambium Networks (NASDAQ: CMBM) reported a decline in first-quarter revenue, citing the impact of COVID-19-induced lockdowns...
DigitalBridge increases 2022 FRE by 74% after 2 transactions
Infrastructure investment giant DigitalBridge (NASDAQ: DBRG) has had an extremely active quarter, transitioning from a real estate investment trust (REIT)...
SIP touts neutral host 5G as costs rise
Dense urban 5G buildouts are capital intensive and increasingly expensive, but shared infrastructure may be the answer, according to smart...
Fed hikes rates half-point as Powell signals similar moves ahead
The Federal Reserve delivered the biggest interest-rate increase since 2000 and signaled it would keep hiking at that pace over...
Everstream secures over $1B in debt financing
Enterprise fiber provider Everstream, majority-owned by Australia-based global investment manager AMP Capital, today announced it has secured more than $1...
Virgin Orbit announces $250M equity purchase agreement
Unique air launch specialist Virgin Orbit announced a standby equity purchase agreement (SEPA) that will allow the company to sell...
Banks eye $6.6B debt for Orange, Masmovil joint venture
Telecom giants Orange SA and Masmovil Ibercom SA are seeking to line up a debt package of up to 6...
Tower companies strategize to raise cash
If interest rates rise this year, those who raised cash early will seem prescient. “Higher-than-expected inflation outturns and rising wage...
