US telco Lumen reports $8.74bn loss due to non-cash impairment charge; company is worth $1.8bn
Impairment charge after shares keep falling
Impairment charge after shares keep falling
They'll chew anything for a high-fiber diet
Has made a non-binding offer
WSJ investigation has found toxic lead underwater, in soil, and on poles
Set to connect the Gulf region too
Acquisition part of telco's fiber strategy rollout
As part of strategic refocus
Challengers are struggling to gain ground in rural areas
Becomes the latest market to be announced
The route is aimed at serving the growing data center markets
Mubadala becomes a minority shareholder
The seven-mile multi-duct fiber optic system will enable connectivity to data centers
CityFibre is one of the UK's biggest 'alt-net providers'
But others are interested too
The deal will see the US operator deploy its infrastructure in Frontier's central offices
Cloud companies acquires UK-based optical fiber company
OpticalTel becomes AIP's sixth investment through its mid-cap fund
Full switchover has been moved forward to April 2024, as opposed to 2025
Copper cables to be replaced with fiber-optic
Currently working with Citigroup to find partners
475km of fiber-optic backbone cabling has been deployed
Sabey recently broke ground on the facility which is expected to open by the end of 2023
Giganet wants to become the UK's best ISP
The fiber broadband provider claims to be first in the UK to do so