Unveiling an intriguing alliance, Liberty Latin America plans to sell 1,300 mobile tower sites to Phoenix Tower International for $407 million, paving a strategic path toward debt reduction and further enterprise investment. This comprehensive deal, incorporating markets from Panama to Puerto Rico, uniquely positions PTI in the telecom landscape and underscores Liberty Latin America’s focus on mergers and acquisitions to amplify its regional impact.
Infosys, a global leader in consulting and technology services, has entered into a significant €1.5 billion, five-year partnership with Liberty Global, a leading international telecommunications and entertainment company. The collaboration aims to deepen their ties across the realms of digital entertainment and connectivity.
Liberty Global has strategically increased its shareholding in Belgium’s Telenet to 93.23%, investing an estimated €763 million. This move intensifies Liberty Global’s pursuit of full ownership, enhancing their position in a dynamically changing communication market. They are now prepped to reopen the tender offer, inviting more shareholders to participate. This could result in Liberty Global’s complete acquisition of Telenet, provided some conditions are met, illuminating growth opportunities amidst increasing competition.
Liberty Global’s push to domicile in Bermuda faces potential opposition from independent shareholders, citing possible imbalance in voting power. The move aims to streamline administrative processes, align corporate law, and ease business strategies.
Telecommunications company Liberty Global and Digital Colony, a global digital infrastructure investment firm, have announced plans to launch a European Edge data center joint venture, called AtlasEdge Data Center. The Joint Venture (JV) will manage more than 100 edge data centers in Europe, combining the edge assets in the Digital Colony and Liberty Global real estate portfolios. AtlasEdge Data Centers will be directed by Josh Joshi, the former CFO of Interxion. In the new business, Liberty Global will devote its digital infrastructure assets, including technical real estate portfolios, as well as strategic and operational business support. The Digital Colony will contribute operational expertise, strategic direction and capital to provide a foundation for the growth and merger of edge co-location service capabilities across Europe. AtlasEdge will provide services through a wide network of devices close to the consumers and enterprise end users. The company’s goal is to meet the…
The landscape of fibre broadband in the UK is rapidly evolving, with over a fifth of premises now enjoying the choice of two or more fibre broadband providers. This development can be attributed to the efforts of alternative network operators across the country.Recent data from Point Topic reveals that nearly two thirds of UK premises, totaling 20.4 million, now have access to fibre broadband as of March-end.
The Australian investment bank, Macquarie, is reportedly considering an exit from KCom amidst escalating competition within the UK alternative network (altnet) sector. A recent report in The Telegraph suggests that Macquarie has engaged advisors from PJT Partners to conduct a strategic review of KCom, indicating potential changes on the horizon.
Rumors of a impending merger swirl around two of UK’s pivotal alternative network providers. Such union could massively boost FTTP coverage across the UK. Amid speculations of rapid network consolidation and shared investment, this collaboration signifies a vital shift in UK’s fibre market. However, the union also begets challenges in terms of subscriber transition and meeting regulatory deadlines.
Virgin Media O2, a leading British broadband and mobile operator, in collaboration with its shareholder Liberty Global, has embarked on a pioneering venture with the introduction of its Smart Pole Trial. This innovative project sees the deployment of 4G and 5G-capable smart poles across the UK, aimed at enhancing mobile network coverage and capacity significantly.
In a bold move to accelerate the United Kingdom’s digital infrastructure, nexfibre, a UK-based wholesale fibre network provider, has committed to investing £1 billion during the 2024 financial year. This investment aims to significantly expand the country’s broadband capacity, focusing on areas currently underserved by existing networks.
