Investors & Finance – Page 12
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Network & Infrastructure
T-Mobile exceeds three million FWA users, but growth slows
CEO Mike Sievert rules in “capital‑burdened” 5G FWA, but focusing on “excess capacity” approach for now.
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VM O2 puts Cornerstone stake in shop window
Operator reportedly moving forward with plans to sell at least half of its 50% share in UK TowerCo joint venture.
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Hungary’s 4iG to spin-out, sell-off DIGI infrastructure
Hungarian operator will migrate DIGI customers to Vodafone Hungary network later this year, with a sale of DIGI towers imminent.
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DigitalBridge’s Ganzi remains keen on Europe tower tie-ups
Deutsche Telekom partner sees more life in European tower M&A party, and wants to be “at centre” of remaining action.
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HICL makes French fibre play with Altitude Infra deal
HICL Infrastructure set to acquire stake in French fibre builder Altitude Infra.
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Trooli’s top duo resigns; suitor Vauban places execs on board
Founders of UK fibre challenger step down from board, making way for director appointments by anticipated French buyer.
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People
Infra investor people moves: KKR swaps EMEA chair
KKR brings in Johannes Huth as new Chairman of EMEA.
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Trooli set to become latest in UK altnet consolidation
Founders of fibre challenger resign, making way for director appointments by anticipated buyer, Vauban Infrastructure Partners.
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Cube Infrastructure Managers buys out GleSYS
Cube Infrastructure Managers acquires majority stake in Nordic data centre operator.
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WorldLink bags funding to expand Nepal coverage
Nepalese ISP WorldLink to leverage financing from British International Investment and Dolma Fund Management to expand coverage.
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Investor Patrizia launches Spanish fibre play with two acquisitions
New Localcom platform launched to provide fibre access across rural Spain.
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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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CDPQ ‘overtakes KKR’ in American Tower India stake race
Reports suggest Canadian investor looks the more likely buyer after moving faster than rival KKR bid.
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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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M&A
INWIT flags ‘pipeline’ of potential M&A add-ons
TowerCo boss caveats that any deal-making will be local, small scale, and funded by organic capex.
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Macquarie makes bid for TIM’s fixed infra, state backing sweetens deal
Macquarie partners state lender CDP for latest offer on TIM’s fixed network infrastructure.
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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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Investors kick Cellnex tyres; management ‘open’ to minority sales
Spanish group could bring financial partners into its country businesses, in a bid to speed up push towards financial stability.
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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.