In a strategic move to bolster its European presence, nLighten, the digital infrastructure platform under the umbrella of I Squared Capital, a renowned global infrastructure investor, has successfully acquired Gyro Center (“Gyro”), a high-performance data center situated in Amsterdam. This acquisition marks a significant stride for nLighten as it progresses towards realizing its ambition of establishing and operating the foremost data center platform in Europe.
In a strategic move, Cloudli Communications, a prominent Montreal-based provider of voice, data, and messaging solutions, has officially merged its brand with ConnectMeVoice, an originally New Jersey-based company specializing in cutting-edge hosted voice over internet protocol (VoIP), unified communications as a service (UCaaS), and call center as a service (CCaaS).
Voice of Eutelsat’s CEO Eva Berneke for satellite connectivity competition crystalizes among customers’ cry for variety. Merging with UK’s low-Earth orbit firm, OneWeb, has catalyzed Eutelsat’s evolution as a fusion of GEO and LEO capabilities. This major leap signifies a stride in service offerings, blending Eutelsat’s superior GEO satellites with OneWeb’s timely LEO constellation, aiming for a global reach by year-end.
In a strategic move to bolster its mobile network, Australia’s premier telecom firm, Telstra, acquires local operations of small cell provider Dense Air. Both financial details and timelines of the transaction remain veiled. This comes after the Australia Competition Tribunal blocked Telstra’s partnership with TPG, favoring competition and avoiding regional coverage setback. While rivals speculate, Dense Air’s retreat from Trans-Tasman markets coincides with Sidewalk Infrastructure Partners’ takeover. This deal provides Telstra’s network expansion plans with crucial additional spectrum capacity.
In a surprising shift, Cellnex decides to offload its private networks niche to Boldyn Networks, refocusing its operations back to its base business of towers. This comes despite previously earmarking the private networks sector as critical for growth and the Superlative successes recorded by Edzcom, the Finnish-based firm that designs and runs 4G and 5G networks. This transition aims to trim the company’s debt. In contrast, Boldyn Networks is ready to capitalize on the promising growth in 5G private networks, projected to hit $109.4 billion by 2030.
Telefónica, a Spanish operator group, is set to acquire the remaining shares of Telefónica Deutschland, taking a decisive leap in consolidating their place in the European telecom sector. This bid, however, isn’t without its potential hurdles. For stakeholders to see potential, they need to be convinced the company’s predicted growth won’t overshadow the offered price. Meanwhile, a surprising twist comes into play as Saudi operator group, STC, expresses its interest to buy a stake in Telefónica, triggering a wave of political interest in Spain.
Navigating controversy and complex negotiations, Rogers Communications’ acquisition of Shaw Communications, perhaps unexpectedly, resulted in significant job cuts. Amidst skepticism and fears of further layoffs, Rogers remains steadfast in their stance, insisting on their commitment to job creation. However, the telecommunications landscape is a convoluted jigsaw, and this merger has merely revealed another challenging piece.
This saga involving T-Mobile’s massive $23 billion merger takes a fresh twist as the company is pushed into the spotlight over allegations of anti-competitive activities. Seven complainants allege that the consolidation of the mobile space resulted in AT&T and Verizon hiking their prices. With these lawsuit-triggered questions featuring at the heart of the upcoming Connected America conference, the telecom industry braces itself for this landmark case’s outcomes.
Ooma, Inc., a leading smart communications platform for businesses and consumers, has successfully acquired 2600Hz, Inc. The acquisition, valued at approximately $33 million in cash, closed on October 20, 2023. This strategic move is set to enhance Ooma’s business solutions and expand its market reach.
The looming merger of Vodafone and Three in the UK sparks heated debate. Anticipated job creation sits around 12,000, yet union estimates portend a job cut of around 1,000 to 1,600. Amidst global job-shedding by Vodafone and Three’s concerning job loss record, an £11 billion pledge to enhance network coverage brings a glimmer of hope. However, hazy figures on staffing levels and possible challenges accessing skilled labor add to the uncertainty.
