Private equity firms are talking profits in altnet investments as the pace at which homes and businesses are swapping copper broadband connections with fibre-optic cables accelerates and Boris Johnson pushes plans for national full-fibre coverage ahead of the government’s current target. Private equity backer Inflexion has hired bankers to explore a potential sale. Deals in the sector have accelerated with firms including Glide , KCOM and Manx Telecom being taken private. Meanwhile TalkTalk searches for external investment to fund its broadband business, Inflexon has hired bankers to explore the sale of Glide , and KKR has mandated TalkTalk to sell its controlling stake in Inexio . Elsewhere, Warburg Pincus is seeking a buyers for Inflexon , and broadband provider Covage is one of a few assets being sold in France .
Private equity firms are talking profits in altnet investments as the pace at which homes and businesses are swapping copper broadband connections with fibre-optic cables accelerates and Boris Johnson pushes plans for national full-fibre coverage ahead of the government’s current target. Deals in the sector have accelerated with firms including Glide , KCOM and Manx Telecom being taken private. Meanwhile TalkTalk searches for external investment to fund its broadband business, Inflexon has hired bankers to explore the sale of Glide , and KKR has mandated TalkTalk to sell its controlling stake in Inexio . Elsewhere, Warburg Pincus is seeking a buyers for Inflexon , and broadband provider Covage is one of a few assets being sold in France .