FibreCos – Page 7
-
InterviewUK altnet Quickline pitches ‘patchwork’ solution to rural full-fibre challenge
Quickline CEO Sean Royce tells TelcoTitans not everyone needs a gigabit right now and full fibre is not the only way to improve broadband services in the most remote parts of the UK.
-
PeopleAlpen Glasfaser ‘completes’ management team with A1 CFO hire
Magenta Telekom and Meridiam’s Austrian fibre joint venture hires exec from arch-rival A1 to lead its finance function.
-
Venturing & InvestmentsFibrus bags £100m, eyes positive EBITDA in 2025
Fibrus Co-Founder and CEO Dominic Kearns tells TelcoTitans that the operator is focused on its current build plan, growing its retail customer connections (including off-net forays in NI and Cumbria), and achieving the “milestone” of positive EBITDA in 2025.
-
PeopleOpenreach simplifies exec team to navigate ‘very complex’ fibre build
Chief Engineer Andy Whale takes on leadership of new Complex Engineering department, bringing together complex fibre and Ethernet build teams.
-
Network & InfrastructureCityFibre adds ‘kingmaker’ Sky in fibre wholesale offensive
UK’s largest altnet signs wholesale deal with Sky, making a dent in Openreach dominance and pushing further the claim of genuine competition to the incumbent. Sky commits to rental economics, while CityFibre leverages Project Gigabit fame to help ISPs to new full-fibre markets…
-
M&AUK’s Arcus buys Polish fibre challenger
London-based infra investor takes control of FixMap, a prolific roller-upper of smaller fibre players in the country, run by a former exec of incumbent Orange Poland.
-
Network & InfrastructureTrooli CEO: UK’s Project Gigabit scheme will ‘come into its own’
Talking to Zen’s Richard Tang, Trooli CEO Andy Conibere praised the work of the government’s BDUK in stimulating an altnet industry.
-
PeopleRe-capitalised euNetworks seeks new CEO after Paula Cogan retires
London-based group’s chief executive decides to step down following recent rework of its debt facilities and change-around in private equity ownerships.
-
Network & InfrastructureOpenreach enters Project Gigabit fray at near-£1bn scale
Openreach handed its first Project Gigabit contracts, more in discussion. UK government ‘redoubles’ rural infill efforts, including first few in Wales…
-
Network & InfrastructureShort-term delays in NI, but Project Gigabit readying for leap forward across devolved nations
Northern Ireland Executive confirms slight delay in procurement, but confident Project Stratum success can be replicated as paths cleared for Project Gigabit progress in Scotland, Wales…
-
Financial & PerformanceTelefónica remains confident of Peruvian FibreCo approval in 2024
Q2 FY24: Group management still expecting creation of new FibreCo by the end of the year. Telefónica Infra reaches 23 million premises passed with fibre by end of June 2024, and keeps up pace required to reach longer-term goals. Read more…
-
Venturing & InvestmentsUK Infrastructure Bank gives fibre sector another financial leg-up
National infra financing organisation backs another rural fibre altnet as Quickline secures a £250m debt package to support rollout in Yorkshire and Lincolnshire.
-
Network & InfrastructureGerman law to accelerate network rollout receives muted response
Draft TK‑NABEG act moves to next stage, with telecom networks elevated to status of “overriding public interest”.
-
Network & InfrastructureProject Gigabit future: UK FibreCos say yes to expansion, but with caveats
Mooted bundling of Project Gigabit mega-contracts gets firm ‘no’ from altnet INCA gathering, but most on board for programme extension. New Labour government urged to protect and evolve rural fibre build to reach final few per cent of rural premises, learn from ‘zany’ Scotland, or risk missing FTTP targets. And then there’s that Type C elephant (not) in the room, Openreach…
-
Financial & PerformanceVirgin Media O2 scopes out investment partners for 2025 NetCo launch
Liberty Global CEO Mike Fries says it is looking to finalise financing details this year to bring VM O2’s NetCo online. NetCo progress and fibre build-out puts a cheery note on VM O2’s further weakened performance in Q2, which prompted tweak to financial forecast…
-
Financial & PerformanceKPN still keen on deals to accelerate fibre build
Dutch telco continues to scope out M&A opportunities within country’s consolidating fibre scene, to propel build and reduce competitive threat.
-
Venturing & InvestmentsInfracapital: UK FibreCo fundraisers must graft to overcome global ‘bad rep’, new gov showing ‘green shoots’
INCA event provides platform for investors and altnets including Octopus and Netomnia to review early weeks of Labour government, with broad optimism on show despite still rocky funding environment. The capital exists, but what will Downing Street do to bring it to the UK? Read more…
-
Financial & PerformanceOpenreach hits halfway mark in UK fibre mega-project
15 million premises now sit within the Openreach FTTP footprint, on track for 30 million by 2030, but a productivity boost is needed if it is to hit its 2026 interim target…
-
Network & InfrastructureMásOrange eyes more Spanish fibre deals after Vodafone infra tie-up
Consolidation of pressured Spanish telco market continues, seeing recently-reworked operator duo team up to form a distinct fibre business, focused on “dense areas”.
-
Venturing & InvestmentsGov-backed UK Infrastructure Bank provides funding to another rural FibreCo
Cornish Wildanet attracts £35m investment from UKIB, days after the bank ploughed £150m into Hyperoptic.