Int’l Roundup: euNetworks, Epoch Digital, Netomnia, brsk, GTAA

June 20th, 2024 by · Leave a Comment

Some balance sheet work, a new data center player, some FTTx consolidation, and of course some AI.

euNetworks has tapped the credit markets to the tune of €1.26B. Part of the funds will go toward the refinancing of existing debt, while new undrawn debt facilities will be availablt fo fund construction and development of new bandwidth infrastructure. The pan-European fiber operator is looking to position itself for the next phase of growth, whether organic or inorganic. euNetworks’ footprint spans 45,000 route kilometers touching 17 countries, with a deep metro presence in 18 markets.

Asia has a player in the data center marketplace. Today Actis announced the launch of Epoch Digital, starting out with about 200MW of IT capacity across three projects. In Taipei, Taiwan they have a 23MW facility, while in Johor Bahru, Malaysia they are working on 120MW, and they are also developing a facility in Greater Seoul, South Korea. Epoch Digital will target hyperscale demand for infrastructure across the region.

There was a bit of M&A announced this week in the UK Altnet world. Netomnia and brsk have revealed plans to combine forces. brsk has some 250K homes passed in West Yorkshire, Manchester, the West Midlands and Lancashire, while Netomnia is busy building out in Purfleet, Essex; Coatbridge, Scotland; Mansfield, Nottinghamshire; and Bedfordshire. Combined they will pass 1.5M premises, something they hope to double by the end of 2025. The FTTP space in the UK seems ripe for further consolidation of this type.

And five global telecommunications giants have teamed up to form a new JV. The Global Telco AI Alliance will establish a multilingual Large Language Model specifically targeted at telco applications. The idea is to improve customer interactions across customer bases of some 1.3B people in languages including but not limited to Korean, English, German, Arabic, and Bahasa.

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Categories: Artificial Intelligence · Datacenter · Financials · FTTH · Mergers and Acquisitions · Metro fiber

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