UK Infra – Page 7
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Venturing & Investments
UK altnet Giggle faces uncertain future, management buyout extends lifespan
Digital 9 Infrastructure-backed fibre altnet Giggle Broadband completes management buyout to review options.
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Interview
CxO interview: Vorboss aims to liberate London from connectivity captivity
Talking exclusively to TelcoTitans UK Infrawatch, CEO says London is “held hostage” by connectivity, and reveals steps his B2B altnet is taking to dial down the pain in the capital.
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Network & Infrastructure
Labour veers away from UK broadband nationalisation as Project Gigabit plods on
With a UK election expected within a year, the shadow digital minister backs infrastructure competition, and suggests Project Gigabit plans would be maintained by Labour, despite reservations.
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Venturing & Investments
IFM targets UK infra with £10bn capital injection
Australian investor plans to analyse “commercially viable” opportunities in collaboration with UK government, bolstering its existing commitments to fuel the nation’s infra expansion.
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Eventwatch
UK's One Touch Switch debate erupts, with March 2024 deadline hanging in balance
INCA Conference 2023: Fiery panel discussion sees OTS platform questioned, accusations of ‘threatening’ behaviour, Ofcom deadline looming, exemplary punishment mooted, risk of altnets being cut off from opportunity to take market share with major ISP migrations…
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Network & Infrastructure
VM O2 and Community Fibre net London school infra deals
Virgin Media O2 Business to provide and maintain dark fibre infrastructure for nearly 3,000 schools until 2038, via a tweak to LGfL deal. Education-focused broadband trust signs separate Community Fibre contract for added resilience.
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M&A
Private equity buyout of Gresham House moves closer
UK infra investor announces clearance of regulatory and other obstacles to takeover by Searchlight Capital Partners.
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Eventwatch
Project Gigabit draws criticism over voucher headaches and cross-regional contracts
INCA Conference 2023: see what “nightmare” is haunting altnet leaders within Project Gigabit; confusion over cross-regional contracts; and what new BDUK CEO has to say on it all…
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Enterprise (B2B)
London’s Vorboss breaks B2B fibre price-performance barrier for retailers
Leading on price as well as “unheard of” performance, CEO exclusively unpacks new low-priced 10Gbps Retail Connect proposition for TelcoTitans UK Infrawatch. Read more about how Vorboss is setting itself apart…
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Partnerships & Alliances
BT exploring HAPS-based 5G business case as R&D taxis for take-off
Partnership with Stratospheric Platforms sees HAPS-based 5G tested at Adastral Park ahead of airborne trials next year.
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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
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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M&A
Helios keeps M&A plans on ice, despite sunny outlook
Middle East and Africa tower group to remain disciplined on deal-making, despite being ahead of the game on leverage reduction and growth.
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Network & Infrastructure
nexfibre maintains M&A appetite after Upp buy
Mike Fries, CEO of joint venture’s co-parent Liberty Global says fibre builder still “aggressively” focused on M&A.
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Strategy & Change
UK infra investment group Fern branches out into mobile services
Expansive fibre, energy, and property investor builds an MVNO enablement platform business, targeting high-street retailers and other consumer brands.
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M&A
VM O2 in exclusive talks to shed Cornerstone stake morsel — report
Price looks low, albeit for a minority stake, but sellers may be playing control premium long game with likes of Vantage Towers.
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Strategy & Change
UK Infrastructure Bank keeps watch on ‘stretched’ fibre space
Digital remains a sector of focus for new, state-owned investment house, attracting four more deals and more than £500m of commitments during its last fiscal year.
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Venturing & Investments
ITS bags fresh funding for UK fibre rollout, eyes M&A opportunities
Avenue Capital Group injects £100m of debt funding into B2B-focused altnet.
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M&A
Cellnex takes over WHP’s Scottish tower assets
Behind-scenes acquisition sees group become tower partner for Scotland’s publicly-funded 4G rollout initiative.
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Interview
CEO Interview: CityFibre on M&A watch, competition bottlenecks, BT economic rationale questioned
‘BT’ called out for obstinate, irrational, anti-competitive behaviour that penalises own shareholders — needs to prioritise copper shutdown to deliver fibre payback, and start serving consumers outside Openreach footprint. Also CityFibre’s M&A tracking/ranking and NetCo purism, big-3 ISP lockout, regulator told to keep sharp, and more…