Vodafone probably selected the German exchange to list due to the quality of its financial regulator and their support for companies who are able to lose the odd Billion Euro in Asian bank accounts.
Vodafone will IPO its towers business next year, it told the market this morning, with the global telecommunications giant planning a public offering for early next year on the Frankfurt Stock Exchange. Dubbed Vantage Towers (presumably because they couldn't think of a more generic name), the firm expects to sell between 10 …
Separately, Vodafone also plans to merge its Greek tower business with that of local telco Wind Hellas. This combined tower infrastructure company would be called Vantage Towers Greece, with ownership split between Vodafone and Wind Hellas parent Crystal Almond 62/38 respectively.
Maybe I should put in for crowd funding for "Sapphire Sh!te" and "Diamond D!ck Cheese" and bid for a slice of the action.
According to "The Lord of the Rings", three towers are more than enough for coverage across Europe. If they're big enough. And if you have the balls. (palantir)
By the way, the headline sounds like a joke reference that I'm not getting. I tried in Google; paltry tower, paltry gloat, paltry vantage sounds Shakespearey, but about all I get back is this story.
Did they actually go with a (Not So) "Fawlty Towers" reference first and then have to change it to pacify Vantage?
Why the rush to remove Huawei kit? Certainly make plans but don't actually get down to it until next spring. There is a possibility that the USA might end up with an adult in the White House and this fake security "problem" might go away when the new bod notices just what a bad idea a trade war is!