M&A

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.

Basalt Infrastructure Partners LLP is merging its two UK fibre assets, FullFibre and Digital Infrastructure, to create a single wholesale platform.

Home Telecom has completed its sixth and seventh acquisitions in three years, adding customers from Bloomtel and OpenFibre to the business.

Rural altnets SWS Broadband and Cadence Networks have been merged into Voneus, which has also saved Broadway Partners from Administration.

Connectus has acquired Mango Tech to swell its customer base across the north west and enhance its engineering and technical expertise.

nexfibre will acquire Upp following initial integration work by Virgin Media O2. The acquisition will add 175,000 premises to nexfibre’s footprint in the east of England where it plans to invest more than £350m by 2026.

InfraBridge-owned VX Fiber and Equitix-backed Freedom Fibre have held exploratory talks about a deal, reports Sky News.

Connexin has acquired Encompass Training and will merge the company with its own training and development arm.