FibreCos – Page 15
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Network & Infrastructure
The Backfill: SpaceX goes back to drawing board after failed launch
Starship craft explodes at first test launch, with Elon Musk prepping next trial in a “few months”. TIM receives two new offers for passive infrastructure business. More…
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Network & Infrastructure
Telefónica to give itself a full-fibre gift for 100th birthday
Group brings forward plans to close all copper exchanges to April 2024, completing decommissioning programme that began seven years ago.
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VM O2 puts Cornerstone stake in shop window
Operator reportedly moving forward with plans to sell at least half of its 50% share in UK TowerCo joint venture.
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AllPoints’ CEO looks to show way on consolidation
Richard Jeffares, boss of one of the UK’s newest FibreCos, sees opportunities to differentiate from other altnets on network strength and community engagement.
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Rogers preps 5G subway expansion with BAI buyout
Rogers Communications agrees to acquire BAI Canada, including its Toronto subway network infrastructure.
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HICL makes French fibre play with Altitude Infra deal
HICL Infrastructure set to acquire stake in French fibre builder Altitude Infra.
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Trooli’s top duo resigns; suitor Vauban places execs on board
Founders of UK fibre challenger step down from board, making way for director appointments by anticipated French buyer.
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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.