broadband

Macquarie Explores Potential Sale of Altafiber Exceeding $5 Billion

4 days ago

Macquarie Group is assessing the opportunity to divest its telecommunications subsidiary Altafiber, with potential sales figures anticipated to surpass $5 billion. This consideration emerges amid a competitive environment in the communications sector, where growing demand for fiber-optic infrastructure presents lucrative prospects for investors.

Charter Communications Announces All-Stock Acquisition of Liberty Broadband

1 month ago

In a significant development within the telecommunications industry, Charter Communications has declared its intention to acquire Liberty Broadband in an all-stock transaction valued at approximately $21 billion. This strategic move aims to strengthen Charter's position in the rapidly evolving digital landscape, leveraging Liberty's assets to enhance service offerings across the board.

HKBN Seeks $800 Million Loan to Refinance Debt Amidst Expansion Plans

2 months ago

Hong Kong Broadband Network (HKBN), a prominent broadband provider in Hong Kong, is on the verge of securing an approximately $800 million loan aimed primarily at refinancing its existing debts. This move comes as the company looks to navigate through challenges posed by rising interest rates, while simultaneously pursuing its ambitious growth strategy in the telecommunications sector.

Major Growth for T-Mobile: Boosts Mobile Broadband Subscribers and Upgrades Financial Guidance

2 months ago

T-Mobile US Inc. has announced a notable increase in its mobile broadband subscriber base, showcasing the company's robust growth within the highly competitive telecommunications sector. The announcement, made on October 23, 2024, reflects T-Mobile’s strategic emphasis on enhancing its mobile internet services to attract more customers. This surge in subscribers is a significant part of their broader ambition to maintain a leading edge in the market.

Verizon's Strategic Bundling Initiative Boosts Mobile Broadband Subscriber Base

2 months ago

In a recent move that signals a strengthening of its market position, Verizon has successfully increased its mobile broadband subscriber count through an aggressive bundling strategy. This approach aims to attract new customers while retaining existing ones in an increasingly competitive telecommunications landscape.

Cable Companies Face New Challenge as Broadband Growth Stalls

2 months ago

In a troubling turn of events for cable companies, the broadband sector is experiencing a significant slowdown in growth, exacerbating existing concerns over cord-cutting trends and competitive pressures. As consumers continue to shift towards streaming services and alternative methods of content consumption, traditional cable providers find themselves at a critical junction, grappling with the financial implications of this evolving landscape.

Italy Envisions Unified Telecom Future with Open Fiber and FiberCop Merger

3 months ago

This is going to be a key stride toward smoothing Italy's telecom infrastructure, since the government is paving the way to merge the Open Fiber SpA and FiberCop networks into one consolidated telecom network. The development marks a critical step toward promoting better conditions for the nation's broadband-and hence, better service delivery-to meet the growing demand for robust digital connectivity.

AT&T Marks Exit from Costly Push into Media with DirecTV Sale

3 months ago

In one of the most significant reversals of its long, costly foray into the media business, AT&T Inc. has agreed to a sale of the remaining stake in DirecTV, thereby effectively scaling down exposure to a satellite television service that has been bleeding subscribers. The deal gives clear indications that AT&T is concentrating on core business operations: wireless and broadband services, after years of investments and divestitures within the media arena.

AT&T Sells DirecTV Holding to TPG for $7.6 Billion in Strategic Divestment

3 months ago

This is a strategic deal: part of its efforts to streamline operations and shore up its balance sheet, AT&T has reached a deal to sell its DirecTV holding to private equity firm TPG Capital. This key shift in a deal valued at $7.6 billion puts AT&T in the right frame as it navigates a fast-changing telecommunications and media landscape.