Magenta ploughs more cash into Austria with €1 billion fibre JV
Magenta Telekom has buddied up with investment firm Meridiam in a joint venture that will spend €1 billion on the rollout of fibre in Austria by the end of the decade.
Magenta Telekom has buddied up with investment firm Meridiam in a joint venture that will spend €1 billion on the rollout of fibre in Austria by the end of the decade.
UK ISP Giganet has brought in Neos Networks to provide backhaul and data centre connectivity to support its new southern counties network and plans to rollout more gigabit FTTP services.
Telco group VMO2 has given a snapshot of its recent connectivity upgrades in Scotland, which shows 5G is now in 58 towns and cities, and 4G has been boosted in 33,000 postcodes.
Google Fiber – The ISP spin off of the Silicon Valley giant – is planning to expand its FTTH network into Arizona, Colorado, Nebraska, Nevada and Idaho.
Spanish fibre operator Avatel is close to agreeing a €1 billion deal for rival player Lyntia Access, according to sources.
The new joint venture will be 50% owned by Liberty Global and Telefónica and 50% owned by InfraVia Capital Partners, while will VMO2 be the anchor wholesale client and provide technical services.
Neutral host infrastructure provider BAI Communications has announced the acquisition of ZenFi Networks, a US-based provider of digital infrastructure solutions.
Gigaclear is working with Rothschild bankers in a bid to raise as much as £300 million to fund further fibre network rollout, it was reported this week.
UK fibre infrastructure specialist CityFibre isn’t messing around and has decided nothing less than symmetrical speeds of 10 Gbps will do for its network.
Spain has a new wholesale FTTH provider after incumbent Telefónica agreed to sell a €1 billion chunk of its rural fibre business to a consortium led by Crédit Agricole’s insurance arm.
Sales at Finnish kit vendor Nokia didn’t grow much in Q2 22, and gross margin declined, but profit was up and consequently so is its share price.
E.ON has sold a 50% stake in its German fibre operation to Igneo, a deal that demonstrates the enduring appeal of infrastructure assets to the investor community.
We spoke with Strategy Director at CityFibre Clayton Nash about the firm’s progress against rival Openreach, the cost of living crisis’ impact on sales, market consolidation, and the ‘generational change’ that the fibre rollout represents.
The German government this week targeted full fibre coverage by 2030, in an effort to drag Europe’s biggest economy up the FTTH league table.
Southern Cross Cables says its NEXT submarine network is the most capacious yet to connect Australia, New Zealand, Pacific islands, and the US.
Rural fibre firm County Broadband says it will grow its workforce to 270 by the end of the year in order to facilitate its ambitions of a 500,000 premise network in the East of England over the next five years.
Irish telco Eir has completed a deal to sell a shade under half of its fibre broadband network to investor InfraVia, a move that will help it to fund its rollout plans.
Belgian operator Proximus is working with investment partners that it hopes will help it spend €4 billion on the roll out of new fibre to premises not covered by its existing plans.
Spain has opened a consultation into the planned award of up to €250 million in funding for 5G fibre backhaul as part of its broader 5G coverage strategy.
West-country broadband internet network developer Jurassic Fibre got a visit from the Chancellor of the Exchequer ahead of a crucial local by election.
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