Vodafone NZ owners look to make money from towers

The telecoms industry’s latest towers transaction is underway in New Zealand, where investors have confirmed the sale of Vodafone’s masts is going ahead.
Vodafone New Zealand’s investor owners recently communicated that a capital release through the sale of the telecoms tower assets could be on the cards and on Monday revealed that they have signed up advisors to get the job done. Or at least one of them did. The information comes from New Zealand-based investor Infratil, which