Virgin Media O2 and Daisy Group plan to merge their B2B operations in H2 2025 to create a new entity with pro forma revenues of £1.4 billion, led by Matthew Riley (pictured) as Chairman and Jo Bertram as CEO.
Recent research by Neos Networks reveals that almost all altnet providers are considering M&A and collaborations with other service providers as a means of survival and expansion in the UK’s broadband market.
Zzoomm has appointed Acuity Advisors to explore potential M&A targets, according to a report from Sky News.
Fibreray Group has completed the acquisition and integration of Runfibre and intends to continue rolling out the specialist ISP’s network to help bridge the digital divide.
The Xantaro Group has acquired NetDescribe GmbH to add security services for NOC, SOC and OT security for its carriers, service providers and data centres in the UK and Germany.
CityFibre and Community Fibre are among the parties reported to have expressed interest in acquiring G.Network, according to Sky.
Communicate Technology has received backing from Rockpool to pursue a buy-and-build strategy in the IT services sector, following three acquisitions to date.
Netomnia and Brsk are set to combine operations creating a 1.5 million premise footprint immediately post-merger with 140,000 homes and businesses Ready for Service.
CityFibre has completed its acquisition of Lit Fibre, accelerating its rollout by 220,000 premises and bringing Newlight Partners on board as minority shareholders.
Telecom Acquisitions (TAL) has agreed to deals with No One Internet and Link Broadband to acquire customers the ISPs have signed up to the CityFibre network.