fiber

TPG in Intensive Negotiations to Acquire Crown Castle's Fiber Division for $8 Billion

2 days ago

In a significant move within the telecommunications sector, private equity firm TPG Capital is reportedly in advanced negotiations to purchase the fiber unit of Crown Castle, a leading provider of communications infrastructure. This acquisition, valued at approximately $8 billion, could reshape the landscape of fiber-optic services across the United States.

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.

Sabotage Risk: Baltic Sea Fiber-Optic Cables Under Threat

1 month ago

The Baltic Sea has become a focal point of concern as its undersea fiber-optic cables, which form a crucial backbone for internet connectivity in Europe and beyond, are increasingly considered vulnerable to sabotage. Recent reports indicate that these cables, essential for both commercial and governmental communication, are at heightened risk due to rising geopolitical tensions in the region.

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 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.