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Spanish telecom giant Telefonica is selling off its cell tower portfolio to American Tower in a €7.7 billion euro deal. American Tower will take ownership of the 30,700 tower sites in Spain, Germany, Brazil, Peru, Chile and Argentina held by Telefonica unit Telxius Telecom.
Vodafone Group has finished rolling out its VMware-powered cloud-based network across 21 of its markets and all of its European businesses.
The consolidated network architecture means Vodafone can design, build and test next-generation network functions more securely and around 40 percent more quickly, the companies said.