FibreCos – Page 3
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Network & Infrastructure
The Backfill: Cube closes out €1.5bn infra fund
Cube Infrastructure Managers successfully closes third infra fund for brownfield investment in Europe. Altice and TPG Telecom mull digital infra sales, while Octopus Energy buys out Shell Energy’s German and UK units, onboarding 500,000 new broadband customers. Read more…
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People
New CEO takes helm at Building Digital UK
Dean Creamer oversees Project Gigabit and Shared Rural Network as new head of Building Digital UK.
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M&A
nexfibre swallows Upp fibre assets for growth
nexfibre agrees to purchase fibre network from altnet Upp, adding 175,000 premises to its footprint.
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Network & Infrastructure
The Backfill: TAWAL firms up European entrance
TAWAL sets first foot into European telecoms sector after acquiring United Group towers. Phoenix Tower International also ups presence in continent. Meanwhile, Ghana preps national 4G and 5G neutral-host network. Read more…
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M&A
US’ Searchlight moves closer to Gresham House buyout
Agreement sees parentage change at UK altnets GoFibre and Wildanet, among others.
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M&A
Italian state greenlit to take share of TIM’s fixed network spinoff
Italy’s Ministry of Economy and Finance set to take up to 20% stake in TIM’s proposed fixed-line asset spinoff.
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Network & Infrastructure
In depth: Watchdogs lambast UK gov broadband investment failings; ESN deemed “unachievable”
Scrutineers place ESN (emergency network), Project Gigabit (fibre), SRN (rural 4G), ONF (open RAN) and 5G Testbed public-private partnerships in remedial for execution or traction failure; 26% of significant fiscal 2022–23 funding left untapped. Read more…
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Network & Infrastructure
The Backfill: I Squared emerges as frontrunner to acquire controlling stake in American Tower’s Indian unit
American Tower enters exclusive talks with I Squared to offload majority stake in Indian subsidiary. UK government commissions feasibility study into establishment of Future Telecommunications Institute.
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M&A
Cordiant snaps up Ireland’s Speed Fibre
Digital infrastructure investor becomes “big fish in a small pond” with first move into Irish fibre market.
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Strategy & Change
Exclusive: Nokia tilts for neutral host leadership
In an interview with Michel Chbat, TelcoTitans delves into the Finnish vendor’s journey to understand and target the nascent neutral host market, and how it sees the flood of new business models and stakeholders impacting the communications ecosystem.
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Network & Infrastructure
The Backfill: Newmark launches new data centre investment platform
Real estate advisory group launches new data centre investment platform. GoFibre and Lightning Fibre set for UK fibre network expansion.
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People
Digital infra people moves: BAI, Cellnex change up board members
BAI Communications and Cellnex make tweaks to Board of Directors. Elsewhere, Telia brings in new CFO, while Eurofiber recruits leader for its Cloud Infra business segment.
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Public Affairs
Wales puts sale of regional fibre network on the table
Devolved body sounds out market interest in purchase of publicly owned network in North Wales, ahead of 2025 contract end point.
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Venturing & Investments
Banks pour another €120m into ruhrfibre build
DIF Capital Partners helps arrange new debt facility to support ruhrfibre rollout in Germany.
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Network & Infrastructure
The Backfill: Northleaf funnels up to $500m into Tillman FiberCo
Northleaf Capital Partners injects new funding into Tillman FiberCo as it preps for expansion. New service agreements formed by SatCos, while Italy’s Ministry of Economy and Finance prepares to take 20% stake in TIM’s fixed-line spinout.
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Network & Infrastructure
DT’s Höttges slams fibre overbuilding “myth”
Group CEO hits back over altnet complaints that DT is overbuilding on their networks.
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Operations
CityFibre gets proactive on eliminating fault frustration
While ultrafast fibre connectivity is increasingly essential for business and consumers, service standards haven’t remotely kept pace.
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Network & Infrastructure
The Backfill: Amber Infrastructure hands over Airband stake to abrdn
abrdn acquires Amber Infrastructure’s minority stake in UK fibre builder. Meanwhile, data centre capex is poised for growth from AI investment; OneWeb’s JoeySat passes initial trials, as UK government reveals new satellite funding.
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Network & Infrastructure
Openreach cuts costs and boosts rural network with fibre tech
Operator’s subtended headend technology saves £10m in fibre building costs.
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Network & Infrastructure
Nokia onshores in US to secure prime role in $42.5bn BEAD fibre bonanza
Move sees Finnish supplier navigate “Build America, Buy American” stipulations, join Kamala Harris and Sanoma to celebrate in Kenosha. Read more about wider $97bn US broadband uprating opportunity, vendor leadership positioning…