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Tag: stake
1bn stake sale could see CityFibre increase rollout to 10m
2021-05-24 02:00:00| Total Telecom industry news
Back in March, it was announced that UK altnet CityFibre were looking to sell a significant minority stake in the company for up to £1 billion. Now, CityFibre CEO Greg Mesch (pictured) has told The Mail on Sunday that the operator in talks with 20 potential investors to purchase up to a 30% stake in the company…read more on TotalTele.com »
Telefonica swaps data centres for stake in Asterions hosting business
2021-05-10 02:00:00| Total Telecom industry news
Today, Telefonica has announced that it has offloaded four of its data centres – two in Chile, and two in Spain – in exchange for a 20% stake in Nabiax, the company acquiring them. The story here begins two years ago, when Telefonica sold Asterion Industrial Partners 11 data centres across seven countries for around €550 million…read more on TotalTele.com »
Tags: business
data
hosting
centres
Huber Acquires Remaining Stake in MAGNIFIN Joint Venture
2021-05-07 11:00:00| Coatings World Breaking News
This transaction is expected to close in the second half of 2021.
Tags: remaining
joint
venture
stake
CDPQ takes 1.6 billion stake in American Towers European business
2021-05-05 02:00:00| Total Telecom industry news
Today, American Tower Corporations (ATC) has announced that they have struck a deal with Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) for the sale of a 30% stake in their European business, ATC Europe. The transaction will be for €1.6 billion, giving ATC Europe a total valuation of €8.8 billion. ATC will retain managerial and operational control of ATC Europe…read more on TotalTele.com »
Tags: business
american
takes
european
Enel sells Open Fiber stake to CDP and Macquarie
2021-05-04 02:00:00| Total Telecom industry news
Since last year, Italian utility company Enel has been in talks with Australian fund Macquarie regarding a sale of its 50% stake in the fibre infrastructure company Open Fiber for around €2.65 billion. In December, the two companies reached an agreement…read more on TotalTele.com »
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