All nexfibre articles – Page 3
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Financial & Performance
Virgin Media O2 rejigs spend plan and strategy as well of merger gains starts to dry up
UK operator seeks to put more fuel in its earnings tank through ‘incremental’ investments in customer experience, digital, fibre sales, and new products this year. Move comes amid wider, dramatic refresh of VM O2 business with the operator kicking off process of NetCo-ServCo split.
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Financial & Performance
Is CityFibre now #1 UK fibre altnet by revenue, take-up?
With take-up doubling, revenue exploding, build on target and positive EBITDA imminent, NetCo boasts 50+ ISP retail partners are selling two- or even three-times’ as many CityFibre connections than sourced from Openreach. Appears Community Fibre and Hyperoptic overtaken, M&A next up…
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M&A
Virgin Media O2 has ‘six or seven’ UK altnets on M&A radar
Operator looking at several altnets as acquisition targets, says parent Liberty’s CEO Mike Fries, who predicts UK will end up with “just two networks”.
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Network & Infrastructure
Telefónica targets 100m-premises fibre footprint by 2026
Mid-term strategy update sees Telefónica Infra and operating businesses handed twin mission of reaching nine-figure homes passed goal while also supporting the Group’s capex efficiency drive.
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Network & Infrastructure
nexfibre reiterates wholesale fibre ambitions, shares UK-wide build plans
VM O2 wholesale fibre cousin discloses 2024 footprint pipeline; confirms more than half a million premises RFS in year-one. Wholesale remains firmly on agenda, with M&A also on table…
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People
Digital infra people moves: Cellnex reorg brings fresh C-level line-up
Chief Operating Officer and Chief Strategy Officer added to Cellnex management team, with new MDs appointed in four European markets.
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Premium
Telefónica people moves: Hispam appoints new finance chief
Sebastian Minoyetti in as CFO at Telefónica Hispanoamérica after Elena Maestre’s move to lead Peruvian operating business. Elsewhere, O2 Germany CEO Markus Haas hands over CCO responsibilities to Andreas Laukenmann.
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M&A
nexfibre swallows Upp fibre assets for growth
nexfibre agrees to purchase fibre network from altnet Upp, adding 175,000 premises to its footprint.
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Premium
Telefónica people moves: nexfibre fills out C-suite
New C-level appointments made at nexfibre as rollout ramps up. Elsewhere, Unsere Grüne Glasfaser gets a new construction boss, while Virgin Media O2 recruits several new heads of departments.
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Venturing & Investments
UK Infrastructure Bank bulks up nexfibre with £250m
UK Infrastructure Bank supplies nexfibre with new debt financing to boost fibre deployment.
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Network & Infrastructure
Virgin Media O2 lights up XGS-PON services via nexfibre
Virgin Media O2 offers multi-Gigabit broadband services over nexfibre’s newly-launched network.
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Premium
Openreach earns Equinox approval despite altnet fallout
Equinox 2 wholesale pricing package gets green-lit by Ofcom after months of deliberation and consultation.
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Premium
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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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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Premium
Telefónica-Allianz fibre JV ‘on course’ with rollout plans
Unsere Grüne Glasfaser remains bullish in the face of negative reports.
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Premium
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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Digital Reports
Telefónicawatch Report #170 – January 2023
Key stories include: M&A buffer gets extended | Telco rivals link up on adtech JV | Green light for Bluevia venture | German MNOs go low on energy | VM O2 calls for Equinox scrutiny
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Premium
Telefónica and Liberty advance prep for ‘nexfibre’ UK JV
Exec oversight and branding put in place for venture with French private equity group InfraVia.
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