FibreCos – Page 16
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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.
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Sweden’s EQT rounds out digital infra portfolio with Radius deal
Deal is worth $3bn including debt.
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Austria’s ex-regulatory chief to lead new FibreCo
Trio of execs hired to set up Magenta Telekom and Meridiam’s new fibre joint venture.
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Magenta Telekom, Meridiam get go-ahead for fibre JV
EC clears Alpen Glasfaser to press on with rollout targeting 650,000 homes outside of main cities.
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DigitalBridge eyes casualties from European fibre fallout
Investment group sees financially squeezed altnets’ valuations dropping dramatically, offering up opportunities to absorb weakened players.
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M&A
Schüler ‘open’ to altnet M&A as VMO2 builds fibre base
Virgin Media O2 CEO states altnet consolidation is possible, citing “very low” penetration rates among fibre providers.
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Telefónica says situation ‘normal’ at German FibreCo, despite reports
Parent operator’s boss suggests press reports of headaches at Unsere joint venture Grüne Glasfaser overblown.
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Altice, Vodafone given EC go-ahead for infra JV
European Commission clears Vodafone’s plan for fibre JV with French group Altice.
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Telefónica-Allianz fibre JV ‘on course’ with rollout plans
Unsere Grüne Glasfaser remains bullish in the face of negative reports.
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Virgin Media O2 ‘ponders Trooli acquisition’ amid altnet struggles
Moves for UK altnet said to be under consideration at numerous rivals, including Telefónica and Liberty’s UK operating business.
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Premium
Dutch fibre challenger ups ante after debt boost
Open Dutch Fiber says it is making much faster than expected progress on fibre roll out in Dutch municipalities, and doubles its 2025 footprint target.
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M&A
Brazil’s Vivo sees fibre M&A possibilities hotting up
Operator open to being active deal-maker in market that “needs to be consolidated”, says CEO.