Remove Connectivity Remove Finance Remove Network
article thumbnail

Brightspeed Secures Multi-Billion Fiber Network Financing

Broadband Breakfast

August 14, 2024 – Internet Service Provider Brightspeed announced that it secured a multi-billion dollar financing deal that will reinforce its ability to successfully build out a fiber build plan.   Through the financing transaction, Brightspeed receives approximately $3.7

Finance 98
article thumbnail

Brightspeed Secures Multi-Million Fiber Network Financing

Broadband Breakfast

August 14, 2024 – Internet Service Provider Brightspeed announced that it secured a multi-billion dollar financing deal that will reinforce its ability to successfully build out a fiber build plan.   Through the financing transaction, Brightspeed receives approximately $3.7

Finance 97
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Ukraine’s newest telco to receive $435m investment from EBRD, IFC

Total Telecom

News The move is the largest direct foreign investment in Ukraine since the war began This week, the European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC) have confirmed they will jointly invest $435 million into Ukraine’s newest converged telco.

Finance 272
article thumbnail

Spectrum auction urged to remove Chinese telecoms equipment

Telecoms Tech News

Outgoing FCC Chairwoman Jessica Rosenworcel is calling for a quick spectrum auction to finance the removal and replacement of Chinese telecoms equipment. The issue has been thrust back into the spotlight following the Salt Typhoon revelations that found Beijing-linked threat groups had compromised US telecoms networks.

Telecoms 225
article thumbnail

BT quietly scraps EV charging pilot 

Total Telecom

This was primarily due to lower revenue, higher specific costs and higher net finance expenses, Additionally, Chancellor Rachel Reeves latest budget proved to be an additional hurdle for the operator. This is in line with BT Groups core focus on connectivity. Reported profit before tax sits at 1 billion, down 10%.

Finance 246
article thumbnail

FCC Draft Order Would Loosen RDOF, CAF II Auction Financing Rules

Broadband Breakfast

20, 2024 – A draft of an order up for consideration at the Federal Communications Commission’s December meeting would loosen some financing rules for its broadband subsidy programs. billion Connect America Phase II Auction. WASHINGTON, Nov. That’s the highest rating those agencies issue.

Finance 116
article thumbnail

Conexon Connect Completes First Major Florida Fiber Deployment

Broadband Breakfast

Conexon Connect  has completed its first fiber to the home project in Florida, a 2,000-mile network launched in partnership with  Escambia River Electric Cooperative. ” Conexon’s Alexis Madison told ILSR that the EREC project will be financed with approximately $21.8