ALSK-Quintillion Partnership Acquires North Slope Fiber Network

Anchorage based Alaska Communications (ALSK) and Quintillion Holdings have formed a partnership to Acquire North Slope Fiber optic network owned by ConocoPhillips. ACS-Quintillion team’s business interests and investments in the netwrok will bring reliable, high-speed broadband to better serve businesses and enterprises on Alaska’s North Slope oil fields. Alaska’s North Slope oil and gas industry customers will get advantage of…

Antin Prepares to Acquire Eurofiber

The Netherlands based Infrastructure funding company Antin Infrastructure Partners has reached an agreement with Doughty Hanson and Reggeborgh to acquire all shares in Eurofiber Group. The acquisition is valued at around less than 1 billion US dollars. Even after acquiring, Eurofiber will continue to act as an independent organization, and business operations and strategy will be maintained under the current…

Vodafone and ESB Makes New Joint Venture – SIRO

Ireland’s Electricity Supply Board (ESB) has made a joint venture company branded as SIRO with Vodafone group to deploy fiber to the building networks. Formation of new broadband company creates 260 jobs in Ireland, out of which 60 are within SIRO and another 200 jobs in construction jobs when the network will start roll-out. The word SIRO is coined from…

Ofcom Compels BT to Allot More Fibers to Competitors

UK telecommunication regulator Ofcom has asked British Telecom to open and give more access to its fiber optic networks to the competitors. The suggestions from Ofcom are perceived as a move that will bring more balance to the UK telecom market. The suggested rules to share more dark fiber by Ofcom will compel British Telecom group (BT) to spare more…

fiber optics

Andhrapradesh Invites Furukawa to Open Fiber Optic Cable Company

During an ongoing official visit to Japan seeking industrial investments to the State of Andhrapradesh in India, the Minister of IT requested to the management leaders of Furukawa Electric Co Ltd for opening a new fiber optic cable manufacturing facility in the state. The minister Dr. Palle Raghunatha Reddy is accompanied by the Secretary of the ministry B. Sreedhar and…

Italian Railways Extends Help to Build Fiber Networks

Following the feet of Enel, the Italian utility company, Italian state railway company has offered its facilities to roll out national fiber optic broadband network. Last week, the Italian media reported Enel’s offer to help build national fiber optic network, a move generally perceived as a threat to the business of Telecom Italia. Sources reports that Italian government authorities are…