UK Infra – Page 12
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Spring Fibre becomes latest UK altnet to launch fibre build
UK altnet begins inaugural full-fibre build.
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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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nexfibre is Openreach’s “real” competitor, says co-owner InfraVia
JV’s co-owner InfraVia sees resource platform, Virgin Media O2 ties, and unmet demand as giving new entrant opportunity to build major challenge in UK’s fibre space.
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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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UK altnets call out Ofcom, Openreach for ‘damage to fibre investment credibility’
Openreach’s Equinox 2 earns another wave of competitor criticism as part of Ofcom review.
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Altnet rival taps BT’s consumer IT boss
Consumer IT Director Robert Purdy joins south-western UK-focused fibre player Truespeed.
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M&A
Schüler ‘open’ to altnet M&A as VMO2 builds fibre base
Virgin Media O2 CEO states altnet consolidation is possible, citing “very low” penetration rates among fibre providers.
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Virgin Media O2 ‘ponders Trooli acquisition’ amid altnet struggles
Moves for UK altnet said to be under consideration at numerous rivals, including Telefónica and Liberty’s UK operating business.
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Contractor Morrison Telecom Services buys out competition, strengthens Openreach ties
MTS acquires part of Light Source Design from administrators, saving 83 jobs.
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Fern’s band of UK local altnets being packaged into ‘national’ fibre challenger; branding TBC
Top-ten fibre altnet investor plots nationwide wholesale access network to eke out spot in competitive market, with support from (aspirational) CityFibre, Openreach partnerships.
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UK altnet Trooli hires restructuring guru as sale talk resurfaces
Kent-based fibre challenger adds former EY Restructuring Partner David Duggins to Board as talk of an equity sale resurfaces.
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BT looks to the skies for rural coverage answers
Trials started with Stratospheric Platforms to beam 4G/5G connectivity in remote UK regions.
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Extreme weather to test network resilience in 2023
Forecast: more severe storms and heat with a chance of network outages.
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People
Vodafone consumer IoT boss moves to Hyperoptic
Lutfu Kitapci exits Vodafone Smart Tech to take Chief Customer Officer title at UK altnet.
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Vantage continues European expansion with new UK data centres
Construction of a campus in London announced.
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Digital 9 to increase capex, reinvest for growth
Infrastructure investor’s portfolio now worth £1.3bn after an acquisitive two years.
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Partnerships & Alliances
Cellnex and Three partner on railway connectivity enhancement
Pair combine to provide improved end-to-end connectivity for the London to Brighton rail route both onboard and at stations.
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Macquarie funds VIRTUS Data Centres’ European expansion
Macquarie Asset Management completes significant minority stake acquisition in London-based DC operator.
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CityFibre taps Vodafone for 2Gbps XGS-PON
UK’s largest altnet harnesses Vodafone access technology to trial XGS-PON, reaching broadband speeds of 2Gbps in York.