FibreCos – Page 8
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M&AVM O2 in exclusive talks to shed Cornerstone stake morsel — report
Price looks low, albeit for a minority stake, but sellers may be playing control premium long game with likes of Vantage Towers.
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Strategy & ChangeUK Infrastructure Bank keeps watch on ‘stretched’ fibre space
Digital remains a sector of focus for new, state-owned investment house, attracting four more deals and more than £500m of commitments during its last fiscal year.
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Network & InfrastructureT-Mobile denies fibre-enabling play for Frontier
TMUS continues to display uncharacteristic caution when it comes to establishing fibre broadband platform, insisting not yet interested in a major, in-house infrastructure build plan or buyout.
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Venturing & InvestmentsITS bags fresh funding for UK fibre rollout, eyes M&A opportunities
Avenue Capital Group injects £100m of debt funding into B2B-focused altnet.
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Network & InfrastructureThe Backfill: Investors join forces to improve UK public-private infra projects
Investment firms want better approaches to planning, operating, and maintaining infrastructure projects in UK. Tower operators in the country also group up to improve regulation and standards in wireless infra rollout. Elsewhere, KKR submits binding offer for TIM’s fixed assets. Read more…
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InterviewTOTEM CEO eyes pole position in MNO network strategies
Network X: TOTEM CEO Nicolas Roy discusses the TowerCo’s industrial plans and strategic site ambitions.
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M&ACordiant plots next stage of expansion after completing move for Ireland’s Speed Fibre
Cordiant Digital Infrastructure closes out expansion into Ireland’s digital infrastructure market, gaining regulatory clearance for acquisition of Speed Fibre.
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InterviewCEO Interview: CityFibre on M&A watch, competition bottlenecks, BT economic rationale questioned
‘BT’ called out for obstinate, irrational, anti-competitive behaviour that penalises own shareholders — needs to prioritise copper shutdown to deliver fibre payback, and start serving consumers outside Openreach footprint. Also CityFibre’s M&A tracking/ranking and NetCo purism, big-3 ISP lockout, regulator told to keep sharp, and more…
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PeopleDigital infra people moves: Cellnex reorg brings fresh C-level line-up
Chief Operating Officer and Chief Strategy Officer added to Cellnex management team, with new MDs appointed in four European markets.
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Network & InfrastructureThe Backfill: Infratil, L&G up stakes in UK data centre player
Infratil and L&G Capital boost funding for Kao Data’s UK expansion efforts.
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Network & InfrastructureOpenreach wants higher Scottish FTTP take-up after one million passed
Operator reveals 20 locations across Scotland with best FTTP coverage after passing one million premises, up from 850,000 this May.
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Network & InfrastructureThe Backfill: Vantage DC raises funds to refinance sites
Vantage Data Centers bags $1.35bn in securitised notes to refinance North American data centres. Competition to SpaceX’s Starlink ramps up, while various digital infra players mull strategic options. Elsewhere, KKR sees opportunity in Asian infrastructure market, as it opens a new Indian office.
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EventwatchInterview: CityFibre strives to shift the dial on UK fibre safety standards
Connected Britain 2023: In an interview with TelcoTitans, Sarah Parsons, Director of Compliance at CityFibre, shares how the altnet is evolving its safety standards to keep pace with its fibre rollout, and how it collaborates with peers in the SHiFT group to compete to do better.
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Peoplenexfibre brings in new CEO
nexfibre appoints Rajiv Datta as CEO to lead footprint expansion beyond 500,000 premises.
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Network & InfrastructureThe Backfill: Stonepeak secures stake in Cellnex Nordics
Stonepeak acquires 49% stake in Cellnex’s Nordic operations. Eutelsat closes out merger with OneWeb, while CityFibre, Community Fibre, and YouFibre continue expansion efforts in UK fibre scene. Read more…
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Public AffairsEU urges action as 2030 digital infra targets are “far from assured”
European Commission calls on EU member states to pick up the pace on digital infra rollout, estimating up to €227bn required to meet 2030 goals.
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M&AMacquarie-backed Voneus swallows up UK altnet rivals
UK rural fibre provider Voneus snaps up Cadence Networks and SWS Broadband.
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Network & InfrastructureThe Backfill: Macquarie and KKR take stakes in data centre players
Consortium led by Macquarie Capital acquires majority ownership in KevlinX, while KKR snaps up 20% of Singtel’s data centre unit. DigitalBridge recapitalises portfolio data centre business, while Raxio and IHS Towers prep new build projects. Read more…
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PeopleVodafone exec Anna Dimitrova exits for German fibre altnet
Deutsche Glasfaser names Dimitrova CFO, adding to ExCo populated with Orange, TDC, and Vodafone alumni.
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EventwatchInvestors say “time to think better” on UK altnet strategy
Connected Britain 2023: investment firms express clearer vision for which altnets it anticipates will succeed in the market.