Infra Investors, Finance & M&A
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People
Investor Cube appoints ex-Telefónica and ONI boss to run European fibre portfolio
Cube Infrastructure Managers makes key leadership changes to drive its growth strategy forward, including the appointment of Xavier Martin to manage digital infra and telecoms investments, as well as a new COO and finance lead.
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M&A
CityFibre returns to M&A with Connexin deal
Acquisition of network assets in Hull and surrounding region could see additional 184,000 premises passed by CityFibre network.
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M&A
Cordiant’s Emitel keeps watch for bolt-on tower buys
Polish wireless infra operator exploring further acquisitions after bolt-on acquisitions over recent years help to drive revenue growth.
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M&A
2025: the year UK FibreCo cash becomes king?
This year may see further billions injected into altnets to pump-prime M&A consolidation, while 2026 could start to see what the end-state looks like (third scale player or continued swarm).
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Venturing & Investments
Patrizia targets connectivity players with fresh European infra fund
Patrizia teams up with Universal Investment to launch new long-term European investment fund, with focus on digital infrastructure. Pair seeking businesses with “stable, predictable cash flows” to grow portfolio and drive return on investment.
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Financial & Performance
Africa’s Helios Towers still prioritising tenancy over build; seeks to maintain FY24 ‘momentum’
One year into Africa-focused TowerCo’s ‘lease-up’ strategy pivot: CEO Tom Greenwood says group is confident in reaching colo and cash targets, with further tenancies on existing towers within grasp. M&A remains no-go…
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Network & Infrastructure
VM O2 takes aim at mobile network ‘pain points’ with £700m spend plan
UK operator expects to spend £700m this year to alleviate network “pain points” for customers and improve mobile service experience.
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M&A
Blackstone’s £10bn UK data centre gets green light
Blyth site set begin construction later this year, with Blackstone acquisition QTS to run and operate the ‘hyperscale’ facility. Energy a consideration in selection of former power station site. Blackstone builds up European digital infra interest with Dutch footprint, Digital Realty JV.
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Network & Infrastructure
Vivo eyes windfall by ditching copper assets
Brazilian telco seeks a commercial, operational, and financial win by extracting and selling its legacy copper network.
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Financial & Performance
Cellnex ‘assessing’ further asset slim-down
European tower giant undertaking in-country review of portfolio to pick out further opportunities to rationalise. Selective strategic acquisitions remain on cards, once Irish sale completes …
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Network & Infrastructure
DT’s wireless infra masterplan progresses in Greece
Greek incumbent OTE flags board approval for creation of new TowerCo, following review.
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Network & Infrastructure
Greece’s OTE deploys fixed wireless to stem rural churn to Starlink et al
Incumbent positions recently launched FWA service as a handy retention and acquisition tool to patch up its presence in areas not yet in reach of its fibre infra.
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Network & Infrastructure
Magyar Telekom moves ahead with tower carve-out
Deutsche Telekom’s Hungarian NatCo is taking next steps to separate its tower assets into a subsidiary and could complete the split by the end of 2025, if all goes to plan.
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Network & Infrastructure
American Tower leaves M&A door open to aid European expansion
US-based tower operator announces 2025 expansion plans in Europe, with CEO Steven Vondran indicating it remains cautiously open to M&A moves. Read more…
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M&A
Tower group SBA presses on with M&A as it exits another market
US-based tower operator initiates sale of Colombian assets, with progress made on separate deals aimed at strengthening positioning in other key markets. Read more…
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Network & Infrastructure
Germany: Altice seeks exit from Vodafone fibre JV as build-out slows — report
Beleaguered French investor said to be in talks with potential buyers to offload its half share in OXG Glasfaser, as €7bn venture’s build-out progresses slower than expected in stressed German fibre sector…
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Network & Infrastructure
DT’s fibre build pace picks up after 2024 crash
Operator reports “strong” rollout result in January, comfortably beating homes passed numbers from previous years, but FTTH build still hampered by planning hurdles, inflation, and focus shift…
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Financial & Performance
Eutelsat overhauls board as losses mount
Challenged SatCo performs boardroom reshuffle and financial reshaping to drive greater “flexibility”. CEO Eva Berneke affirms LEO expansion on the way, with positive developments in last six months…
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M&A
KPN inaugurates new TowerCo after completing (another) ABP tie-up
Dutch operator launches Althio JV, with portfolio of 3,800 sites. Move aligns with strategic goals to increase value of passive infra while retaining majority control over critical assets…
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M&A
Virgin Media O2 said to attract first offers in £1bn NetCo stake sale
Spanish media reports Virgin Media O2 owners Telefónica and Liberty Global have received non-binding offers from investors for a 40% stake in the planned NetCo carve out, with BlackRock and CPP Investments in the mixer.