Altice Group strategically eyes shedding its 50.1% sharing in XpFibre, triggering a ripple of interest from major players like KKR & Co., Macquarie Group, and others. While KKR & Co, Macquarie Group, and CDPQ are all reported to be keen on acquiring the stake, no financial bids have surfaced to date. Meanwhile, Altice Group’s decision to divest isn’t surprising, given its $60 billion debt, and recent considerations to sell other assets.
Latest Posts:
- Understanding VoIP Regulatory Compliance – An Overview for Carriers
- T-Mobile and TCL Launch 5G RedCap USB-C Dongle
- Deutsche Telekom Targets AI Growth, Expands 5G and Fiber Reach
- Kia and Airtel Unite for IoT-Driven Connected Vehicles
- AWS and e& Forge $1B Middle East Cloud Partnership
- Sinch Enables the Transformation of Emergency Communications
- Microsoft Reveals Alarming Rise in Global Cyberattacks
- Ericsson’s India Wins Boost Telecom Growth, Market Dynamics
- UAE’s e& Shatters 5G-A Speed Record with 62 Gbps
Tag