All FibreCos articles – Page 2
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Network & Infrastructure
Openreach 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…
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Financial & Performance
Telefónica Q2 FY24 Guidance: Fresh opportunities keeping Group on track
Guidance reiterated across all metrics, with “positive near-term catalysts” to serve as tailwinds in second half of the year.
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Financial & Performance
Telefónica 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…
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Venturing & Investments
UK 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.
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M&A
Vodafone Spain partners Telefónica on second FibreCo in two weeks
Telefónica España and Vodafone Spain to create joint FibreCo with a 3.5 million premises footprint, as Telefónica shores up wholesale revenue and Vodafone continues infra retreat.
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Financial & Performance
Virgin 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…
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Network & Infrastructure
MásOrange 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”.
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Operations
Telefónica’s FiBrasil enhances OSS in open fibre take-up drive
Brazilian fibre JV with CDPQ highlights AI, automation, and open APIs as key technologies to lure new customers and tenants to neutral host network. Driving huge wins across sales and tenant onboarding. Learn more…
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Venturing & Investments
Gov-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.
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M&A
Liberty mulls M&A opportunities for Virgin Media O2’s NetCo
Liberty Global CEO Mike Fries still “looking actively” at possible altnet acquisitions, noting potential for VM O2’s planned FibreCo spin-off to serve as a vehicle for consolidation in the UK’s fibre market.
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Network & Infrastructure
T-Mobile Poland piggybacks its way to ten million-home fibre footprint
Deutsche Telekom’s Polish business remains happy to pursue a partnerships-led approach to broadband and converged services expansion, activating deal with Iliad-InfraVia venture Polski Światłowód Otwarty.
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M&A
Vivo in talks to buy FibreCo Desktop, advance consolidation — report
Brazil’s largest integrated operator reportedly sounding out São Paulo-focused fibre specialist for acquisition. Move would could kick up country’s fibre consolidation and add a million to Vivo’s strategically important fixed-broadband customer base. Read more…
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Financial & Performance
T-Mobile confirms fibre JV with EQT to buy Lumos
NatCo expects to invest close to $1.5bn in the JV and aims to pass 3.5m premises by 2028. Meanwhile, FWA subscribers surpass five million, the Mint Mobile deal wins regulatory approval, and long‑serving investor relations SVP Jud Henry takes on a new role in the TMUS finance organisation. Read more…
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Financial & Performance
Lightning Fibre’s quick insolvency switch could show the way for struggling altnets
Lightning Fibre’s £40m pre-pack sale out of administration and back into the hands of the investment fund that had supported its initial build may prove a template for struggling UK altnets as expectations on performance levels rise, but at what cost for suppliers and partners? Read more…
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Network & Infrastructure
Major players in the frame as Project Gigabit mega-deals come into play
Altnets including Quickline, Wessex and Wildanet pick up BDUK contracts to reach rural homes, but the prospect of cross-regional deals for Openreach and VM O2 appears increasingly likely as another agreed deal is abandoned…
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Weekly Briefings
Infrawatch Weekly: sharpened focus for emerging TowerCos, bumps on path to UK fibre consolidation, 6G in space
Latest from the digital infra scene in the UK and beyond, including TowerCos IHS and Helios embracing core-strengthening exercises; Netomnia’s predictions for a likely ceiling on market penetration for altnets; and the beginning of the next rules update for the UK’s fibre landscape. Plenty more…
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Network & Infrastructure
‘Stop the mud slinging’: DT’s Gopalan hammers German rivals’ fibre competition complaints
FTTH Conference 2024: Tensions spill over in Berlin on fibre leaders CEO panel, with competitors arguing over who and what is to blame for poor position in European league table on availability and penetration. Incumbent Srini Gopalan lambasts ‘rhetoric’, untruths, lying. Read much more…
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Interview
Netomnia: capex inefficiency is blocking consolidation opportunity
Speaking to TelcoTitans, Netomnia founder and CEO Jeremy Chelot suggests too many altnets are banking on unachievable take-up goals, and that playing fast and loose with investor money has resulted in a block on viable valuations for consolidation.
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Network & Infrastructure
T-Mobile US ‘planning fibre JV’ with EQT’s Lumos
Handelsblatt report suggests US NatCo plans to invest at least $1bn in new venture.
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M&A
CityFibre ignites M&A plan with Lit Fibre buy
Altnet lights M&A touchpaper with Lit Fibre deal, expands FTTP footprint and brings in Newlight Partners as minority investor. More to come from CityFibre soon…