UK Infra – Page 7
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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…
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Network & Infrastructure
US underwater data centre startup plans two hubs in Europe
Subsea Cloud prepares to expand tech beyond the Americas with the launch of new facilities in Norway and the UK.
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Network & Infrastructure
Openreach wants higher Scottish FTTP take-up after one million passed
Operator reveals 20 locations across Scotland with best FTTP coverage after passing one million premises, up from 850,000 this May.
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Eventwatch
Interview: CityFibre strives to shift the dial on UK fibre safety standards
Connected Britain 2023: In an interview with TelcoTitans, Sarah Parsons, Director of Compliance at CityFibre, shares how the altnet is evolving its safety standards to keep pace with its fibre rollout, and how it collaborates with peers in the SHiFT group to compete to do better.
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People
nexfibre brings in new CEO
nexfibre appoints Rajiv Datta as CEO to lead footprint expansion beyond 500,000 premises.
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Network & Infrastructure
Digital infra slips down UK’s investment priority list
New data from Ipsos and the Global Infrastructure Investor Association shows digital infra is towards the bottom of the UK’s investment priorities.
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M&A
Macquarie-backed Voneus swallows up UK altnet rivals
UK rural fibre provider Voneus snaps up Cadence Networks and SWS Broadband.