UK
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Financial & PerformanceUK 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 & InfrastructureUK 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 & ChangeT-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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Weekly BriefingsInfrawatch Weekly: Fibrus and Quickline charge on; data centre investment enthusiasm; BDUK investment pros and cons
Latest from the digital infra scene in the UK and beyond, including datacentre developments draw in cash, Ofcom mulls new code powers for operators great and small, value of regional subsidy plans pondered, and plenty more…
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InterviewUK 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 & InfrastructureeuNetworks 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 & InvestmentsFibrus 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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PeopleOpenreach 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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Weekly BriefingsInfrawatch Weekly: CityFibre’s Sky swoop; altnet financial ups and downs; Euro data centre cashouts
Latest from digital infra scene in UK and beyond, including: UK fibre altnets posting substantial losses but building up valuable assets; signs that direction of UK state infra investment may be getting a rethink; European data centre sales plans; latest people moves, and plenty more…
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Network & InfrastructureCityFibre 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 & InfrastructureTrooli 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.
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Weekly BriefingsInfrawatch Weekly: fibre routes to retail; TalkTalk’s latest rejig; Asia’s infra ownership overhaul
Latest from the digital infra scene in the UK and beyond, including TalkTalk’s last-minute refinancing, investment boosts for the satellite sector, Japan’s moves towards greater infrastructure sharing, and plenty more…
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Weekly BriefingsInfrawatch Weekly: Italian infra on the up; Project Gigabit preps leap forward; Macquarie comes and goes
Latest from the digital infra scene in the UK and beyond; including INWIT prepping for Italian investment boost; Indus Towers finally getting paid; claims that UK PIA oversight is MIA; latest people moves; and plenty more…
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Network & InfrastructureShort-term delays in NI, but Project Gigabit readying for leap forward across devolved nations
Northern Ireland Executive confirms slight delay in procurement, but confident Project Stratum success can be replicated as paths cleared for Project Gigabit progress in Scotland, Wales…
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Venturing & InvestmentsUK 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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Partnerships & AlliancesMore the merrier: Vodafone and VM O2 add Cellnex to infra-sharing refresh
Freshly renewed infrastructure buddies agree “long-term” deal to access InfraCo’s UK passive tower assets and services. Deal aimed at driving efficiencies, enabling future network scaling. Latest move in Cellnex’s regional consolidation future-proofing…
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Network & InfrastructureProject Gigabit future: UK FibreCos say yes to expansion, but with caveats
Mooted bundling of Project Gigabit mega-contracts gets firm ‘no’ from altnet INCA gathering, but most on board for programme extension. New Labour government urged to protect and evolve rural fibre build to reach final few per cent of rural premises, learn from ‘zany’ Scotland, or risk missing FTTP targets. And then there’s that Type C elephant (not) in the room, Openreach…
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Financial & PerformanceVirgin 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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Venturing & InvestmentsInfracapital: UK FibreCo fundraisers must graft to overcome global ‘bad rep’, new gov showing ‘green shoots’
INCA event provides platform for investors and altnets including Octopus and Netomnia to review early weeks of Labour government, with broad optimism on show despite still rocky funding environment. The capital exists, but what will Downing Street do to bring it to the UK? Read more…
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Financial & PerformanceOpenreach hits halfway mark in UK fibre mega-project
15 million premises now sit within the Openreach FTTP footprint, on track for 30 million by 2030, but a productivity boost is needed if it is to hit its 2026 interim target…