Infra Investors, Finance & M&A
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M&AIndra to create integrated European satellite player with Hispasat buy
Spanish defence and IT group firms up plans for €725m purchase of Hispasat, with plans to form “most integrated” SatCo in Europe. Indra’s Executive Chairman Angel Escribano says deal is “key” to reaching target of at least €1bn total space sector revenue by 2030…
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M&ABT Ireland grabs Cordiant’s attention for infra, wholesale sell-off — report
Operator reportedly looking to firm up sale of infrastructure and wholesale business units “in the coming weeks”, advancing Kirkby’s ‘asset-light’ strategy following recent sale of Irish data centres…
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Financial & PerformanceIn depth: Openreach line losses accelerate, fibre gaps widen as strategic vulnerability
Q3 FY24–25: BT’s wholesale division again reports strong financials and record fibre build, but a deeper look reveals a worrying trend of accelerating line losses. This analysis delves into the implications of altnet and Project Gigabit competition, eroding historic market dominance.
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Network & InfrastructureKPN seeks to temper Dutch overbuild amidst fibre storm
CEO Joost Farwerck eager to temper overbuild in the Netherlands, as fibre rivals including DELTA Fiber and Open Dutch Fiber lock in overlapping city build programmes. Concerns accompany latest earnings showing incumbent maintaining pace to hit own rollout target…
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M&ASpanish state’s digital musical chairs continues: Indra said to near Hispasat buy
Defence and IT conglomerate reportedly closing in on €650m acquisition of satellite operator to grow defence and space capabilities. State holding company SEPI again seen pulling strings, following Telefónica coup. National, regional and global geopolitical angles…
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M&AFullFibre, Zzoomm to form integrated altnet, fuel further M&A
UK fibre altnets to combine for a shared 600,000 ready for service network with 65,000 customers, adding FullFibre’s wholesale platform to Zzoomm’s retail.
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M&ABoldyn enters German market with private 5G biz buy
UK-based neutral host player bulks up private 5G network offering with acquisition of Germany’s Smart Mobile Labs. Agreement comes as Boldyn looks to expand in private 5G sector, having participated in several projects over the past year…
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M&ACellnex flexes M&A muscle for Spanish tower consolidation
Cellnex has the urge to merge in Spain after flurry of telco M&A has left too many TowerCos chasing too few mobile network operators.
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PeopleBrookfield picks long-time CEO Bruce Flatt as Chair
Canadian investment group selects Flatt as Chair after Mark Carney departs to pursue political ambitions. Flatt says the firm will continue driving current investment strategy, which includes focus on digital infra and energy transition…
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M&ACordiant gets thumbs up for Belgian data centre acquisition
Irish investment group teams up with Belgium’s TINC to form merged infrastructure player, comprising Datacenter United and Proximus’ data centre arm. Pair seeking to capture cost synergies and create economies of scale to drive “long-term” value for investors…
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M&ACellnex said to be eyeing Swiss exit door
Report in TowerCo’s home market indicates it has appointed advisors to explore sale of 5,500-site business in Switzerland.
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M&ABT advances asset-light strategy with Irish data centre sale
Equinix agrees to acquire BT Ireland’s data centre business following rumours of a wider Irish divestment; Group CEO Allison Kirkby ramps up her ‘get lean’ agenda beyond UK connectivity…
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InterviewNew INCA CEO tells UK altnets to mobilise against common enemy
Industry body recce’d under new CEO, with collaboration and communication identified for rework — including potential Openreach hotline upgrade — despite cloud of consolidation.
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Strategy & ChangeZzoomm: capital costs holding back build and consolidation
At INCA Summit Zzoomm’s CEO Matthew Hare predicted a bright future for the sector, but current cost of capital is impeding expansion plans and complicating the path to consolidation.
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Venturing & InvestmentsSateliot secures €30m from EIB, defence merits flagged
Funding expected to help Spanish 5G‑IoT SatCo deliver a global LEO network by 2028.
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M&AIHS Towers exits Kuwait as part of $1bn asset sale plan
Deal sees cash-hungry tower group offload Kuwaiti asset it bought only four years ago, in mark of turnaround of sector fortunes and strategy.
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PeopleEx-Ofcom chief Sharon White set to lead CDPQ’s Europe team
Ennobled ex-mandarin escaping mired £12bn UK retailer John Lewis to lead £47bn Europe investment strategy at freshly scandal-enmeshed Canadian pension fund (and Telefónica fibre partner in Brazil). Move comes as investor continues to expand digital infrastructure portfolio…
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M&ATelefónica, Asterion finalise data centre sale
Real estate-focused investor Aermont takes plunge into digital infrastructure with acquisition of three Spanish data centre campuses.
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M&ACellnex sees telco consolidation as a win for infra
Spanish group’s CEO says deals between mobile operators are making its clients more healthy and solid, while also creating opportunities for commercial gain through network reshaping.
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Financial & PerformanceBT Consumer promises long-term growth revenue, but where from?
H1 FY24–25: Consumer suffering a hangover from several years of inflation‑fuelled excess, but expects to regain health before year is out…