TalkTalk Group states it has made 'significant progress' since its H1 2024 update towards demerging its network wholesale platform business and its residential broadband customer business, with these trading independently as PlatformX Communications and TalkTalk Consumer respectively from March 1st.
M&A
Strategic Imperatives has merged with X3T to leverage the company’s wholesaling solution and financial backing.
Shared Access, owner and operator of shared telecommunications infrastructure, has acquired Node Technologies to add fibre and smart tech expertise to the business.
Telecom Acquisitions CEO Nigel Barnett believes that many providers will struggle to profit from their residential rollout projects and is offering to buy their customer bases as a lifeline.
Freedom Fibre and VX UK will combine their businesses, with InfraBridge controlling the combined entity.
Wessex Internet and its majority shareholder ASCI III have secured an additional £35m in funding in 2023 for the business’s long-term growth plans.
Gresham House-backed Telcom Group has added London to its list of existing metro networks through the acquisition of B2B Fixed Wireless Network provider Luminet.
Home Telecom, the consumer brand of the Telecom Acquisitions, continues its run of strategic deals with the acquisition of Neatley’s base of TalkTalk and Vodafone customers.
Connected Britain 2023 saw stakeholders from across the connectivity landscape discuss the evolution of the UK fibre market, with one message echoing around the ExCel – the gold rush is over.
TalkTalk Group has sold its Business Direct unit to TFP Telecoms Limited, a special purpose vehicle controlled by its main shareholders, for £95m.
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