private equity
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Private equity group Cube Infrastructure Managers is buying control of Glesys, a Nordic data centre company.
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Unified communications software vendor TelcoSwitch has appointed Matt Mansell as its new CEO.
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The new head of the International Telecommunication Union is putting connectivity at the heart of the world’s sustainability goals.
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Private equity investor Cube Infrastructure Managers has injected €14 million into Fibernet Finland in what it calls “the first phase”.
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A new fibre company has started up in the US Mid-west with US$250 million backing from investment company Oak Hill Capital.
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Antin Infrastructure Partners has seen a 33.5% increase in assets under management (AUM) compared to 12 months ago, reaching values of €22 billion.
Forthcoming events
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Vodafone has appointed a senior Microsoft executive, Philippe Rogge, to run its German operation when Hannes Ametsreiter leaves at the end of June to go into private equity.
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Satellite operator Intelsat has emerged from bankruptcy with its debt cut from US$16 billion to $7 billion, and with $6.7 billion in new finance.
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Syniverse this morning dropped its plan for a US$2.85 billion reverse takeover that would have seen the company listed.
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The appetite for private-equity investment is seeing a new peak with both the private-equity owners of Zayo setting record targets for their latest funds.
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New York-based tower company Tillman Infrastructure has appointed Suruchi Ahuja as CEO.
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Digital Realty has entered into two new partnerships with Pembani Remgro Infrastructure Fund that will see it take PlatformDIGITAL to new African markets.
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A Californian investment firm has put US$50 million into Matrixx Software to aid its expansion into the 5G business.
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Martijn Blanken, formerly of Telstra, has become the new CEO of what was the infrastructure division of GTT Communications.
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The private equity investor that owns HGC Global Communications and is bidding for GTT’s infrastructure is to buy Mexico’s largest data centre operator.
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Malaysian telco Axiata is set to become the second integrated operator in neighbouring Indonesia if talks with Linknet go well.
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Lumen Technologies is selling off its Latin American business for US$2.7 billion, the company announced this morning.
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A Swiss private equity investor is to acquire a 75% stake in Eolo, the Italian fixed wireless company that last week agreed a wholesale deal with TIM.
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Djibouti, the Red Sea country where many subsea cables land, is opening up its state-owned telecoms operator to outside investment.
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Five private equity companies are interested in buying T-Mobile Netherlands from Deutsche Telekom, according to reports this morning.
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The private-equity shareholder in companies such as Bezeq, Liberty Latin America, Mitel and Rackspace has hired Ajit Pai as a partner.
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IPI Partners has raised $3.8 billion from its backers to plough more into data centre assets. This second fund raising means IPI has generated more than $5.25 billion in total equity since its inception in 2016.
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Swedish private equity investor EQT is making another attempt to buy KPN, this time with US investor Stonepeak Infrastructure Partners, according to reports.
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AT&T will have lost more than US$35 billion on its 2015 acquisition of DirecTV, according to reports that it is planning to sell a stake in its video business.
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Shares in GTT Communications plunged 29% yesterday as rumours spread that the company is considering a pre-packaged bankruptcy filing to reduce its debt.
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UK telecoms group Daisy has demerged its cloud business into a separate company, with investment from private equity fund Inflexion.
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US telecoms group ATN International has beat private equity investors to buy Alaska Communications.
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Euskaltel, the telco based in the Basque country of northern Spain, has three bids for a stake in its broadband network unit, according to reports.
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UK independent telco TalkTalk is set to be taken over by a hedge fund and a private equity firm for £1.1 billion.
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London wholesale fibre company G.Network has raised over £1 billion in equity and loans to expand its network.