FibreCos – Page 11
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Fibrus CEO shrugs off altnet challenges, expands roll out goals
Fibrus aiming to pass one million premises “in the future” after meeting target of reaching 250,000 premises by the end of March 2023.
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People
ruhrfibre brings in another ex-Vodafone Germany exec
Ex-Vodafone exec Christian Klein joins ruhrfibre in double role as COO and CIO.
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Venturing & Investments
InfraVia, Iliad close out deal for Polish fibre JV
InfraVia Capital Partners acquires 50% of Iliad Group’s PŚO, which aims to cover “half of all Polish households”.
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Trooli set to become latest in UK altnet consolidation
Founders of fibre challenger resign, making way for director appointments by anticipated buyer, Vauban Infrastructure Partners.
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‘Not all overbuild is equal’: Vorboss CEO seeks foothold in London fibre future
Tim Creswick, CEO at London altnet Vorboss, says that sharing geographical space does not mean network equivalency. Decries incumbents’ “national technical debt” in UK and elsewhere in Europe.
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Spring Fibre becomes latest UK altnet to launch fibre build
UK altnet begins inaugural full-fibre build.
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Cube Infrastructure Managers buys out GleSYS
Cube Infrastructure Managers acquires majority stake in Nordic data centre operator.
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People
Digital infra people moves: Pohlmann named finance chief at Deutsche Funkturm
Former Magenta Telekom CFO takes up same spot at Deutsche Funkturm.
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abrdn steps into Spanish fibre scene with Digi deal
Edinburgh-based investor to fuel fibre growth in Andalusia with new addition to its ASCI III portfolio.
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Austrian fibre challenger raises nearly half of €1bn funding target
Syndicate of six European banks provide €417.5m in financing to Magenta Telekom and Meridiam’s new fibre JV.
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Investor Patrizia launches Spanish fibre play with two acquisitions
New Localcom platform launched to provide fibre access across rural Spain.
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Netomnia bags £230m to accelerate full-fibre expansion
UK altnet and ISP sister company obtain debt funding to ramp up network deployment, with aim to pass one million premises by end of 2023.
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M&A
Liberty CEO ‘in M&A talks with CityFibre’
Not a done deal. Discussions are preliminary and large-scale consolidation in UK altnet market likely to attract sharp scrutiny from regulators.
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nexfibre is Openreach’s “real” competitor, says co-owner InfraVia
JV’s co-owner InfraVia sees resource platform, Virgin Media O2 ties, and unmet demand as giving new entrant opportunity to build major challenge in UK’s fibre space.
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BT welcomes “bold” Spring Budget but altnets left wanting more
Openreach’s fibre rollout plans will benefit from new tax policy, but altnets want more regulatory reform to protect investment.
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People
Vodafone-Altice fibre JV begins filling out C-suite
OXG Glasfaser makes double appointment of Matthias Ospelkaus as CFO and Stefan Rüter as CCO.
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DT and T-Mobile to meld broadband platforms; 5G FWA on way to Europe
Home broadband OS project to harmonise platforms on both sides of the Atlantic, giving a boost to router functionality.
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UK altnets call out Ofcom, Openreach for ‘damage to fibre investment credibility’
Openreach’s Equinox 2 earns another wave of competitor criticism as part of Ofcom review.
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Vodafone’s German FibreCo on starting line as Altice deal completes
After ticking all boxes, the 50:50 fibre JV can now launch operations.
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Altnet rival taps BT’s consumer IT boss
Consumer IT Director Robert Purdy joins south-western UK-focused fibre player Truespeed.