UK Infra – Page 4
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Strategy & Change
Digital 9 dumps Triple Point for InfraRed to manage wind-down
Digital 9 Infrastructure (D9) has chosen InfraRed Capital Partners to manage the sale of its assets, including major shareholding in Arqiva, as part of ongoing wind-down.
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Financial & Performance
CityFibre on the hunt for more cash to fund capital-intensive fibre rollout
UK altnet’s debt and equity funding due to dry up next year, but talks ongoing with prospective investors for new cash.
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Network & Infrastructure
EE goes live with London small cells on Freshwave infra
Infrastructure as a service provider Freshwave said EE has 25 outdoor small cell sites in the City of London and “dozens” more in the pipeline after unique project expands from trial phase to commercial service.
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M&A
IQGeo: KKR’s latest tech buy adds geospatial smarts to sprawling infra portfolio
Private equity giant KKR is taking Cambridge-based geospatial software specialist IQGeo private in £333m deal, pledging to fuel new phase of growth. Log in to understand this hot specialist and what it provides network operators worldwide…
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People
Freedom Fibre names new CEO as investors chip in £45m
Industry veteran Neil McArthur steps back from frontline as private equity fixer arrives to oversee next phase of commercialisation and integration at newly-merged altnet. Register to read more, incl. investor, financial backdrop…
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Public Affairs
Deep dive: What UK FibreCos want from Labour gov’t
Fibre builders share what they want from the new Labour government, with policy consistency and demand-side support topping wishlists, divergence on the detail. Read more…
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Public Affairs
UK Minister hints at fixes for FibreCos’ apartment access woes
Operators vent about barriers to accessing MDU access as new Telecoms Minister offers support for reforms, but little in the way of detail or firm commitments…
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Network & Infrastructure
Helios calls on Hyperoptic CEO to help drive tower tech evolution
Middle East and Africa tower group seeks to tap into well of infra innovation, go-to-market, and belt-tightening experiencing by appointing UK altnet’s Dana Tobak CBE to board.
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Products & Services
In depth: One Touch Switching launch day
UK’s ‘imperfect’ fixed broadband migration hub debuts to mixed altnet reviews, and incumbent ISP win-back loophole only spotted on launch day. OTS broadly seen by many challengers as open season on majors with poor customer satisfaction, mixed with fears of race to bottom and weakness on multi-play (Sky and VM O2 are both bullish, too). Register to read…
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M&A
Virgin Media O2 set to sell another chunk of Cornerstone — report
Operator to shed another 8% of tower JV with GLIL Infrastructure and Vantage, bringing total shareholding down to just above 25%.
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Eventwatch
Virgin Media O2 and CityFibre question each other’s fibre maths
Connected Britain: VM O2 CEO Lutz Schüler argues operator is taking “challenger” approach in UK’s fibre market, with nexfibre spin-off and upcoming NetCo positioning operator to be a “long-term sustainable partner” to altnets.
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Financial & Performance
UK altnet Spring Fibre seeks new investors as backers step away
With a near-£14m deficit on its balance sheet, the altnet stated in its FY23 accounts that it was seeking a new investor to support cashflow needs as its principal backer declines to cover plans.
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Network & Infrastructure
UK fibre reality check evident in pullback
Compilation of FibreCo plans shows retrenchment in forward planning, reflecting recent financing constraints. With extreme overbuild scenarios, further consolidation looks inevitable. Learn more…
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Strategy & Change
T-Systems UK completes data centre shift to Europe
Deutsche Telekom’s UK enterprise IT unit re-houses data workloads from country to central platforms, as part of wider streamlining effort.
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Interview
UK 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.
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Network & Infrastructure
euNetworks lands €2.1bn to spend on European data centre comms play
Stonepeak, APG, and IMCO involved as London-based comms infra group completes a revamp of its finance base.
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Venturing & Investments
Fibrus 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.
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People
Openreach 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.
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Network & Infrastructure
CityFibre 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…
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Network & Infrastructure
Trooli 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.