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Macquarie acquires Cincinnati Bell for $2.9bn

2021-09-09 02:00:00| Total Telecom industry news

The $2.9 billion transaction will accelerate Cincinnati Bell’s fiber build across its operating footprint, and support strategic investments in the company’s IT Services businesses throughout North America. Leigh Fox, President and Chief Executive Officer of Cincinnati Bell, said the transaction close marks the beginning of an exciting new chapter in the company’s nearly 150-year history. “Our partnership with MIP is tremendous news for Cincinnati Bell’s 4,700 employees, our customers, and the communities we serve,” Fox said. “MIP has deep telecommunications expertise and a strong track record of investing in capital intensive businesses…read more on TotalTele.com »

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Colony, Macquarie mulling USD 1 bln sale of Mexican towerco MTP - report

2021-05-28 11:25:00| Telecompaper Headlines

(Telecompaper) Digital Colony, a subsidiary of US fund Colony Capital, and Macquarie Group affiliate Macquarie Mexico Infrastructure Fund are considering the sale...

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Enel sells Open Fiber stake to CDP and Macquarie

2021-05-04 02:00:00| Total Telecom industry news

Since last year, Italian utility company Enel has been in talks with Australian fund Macquarie regarding a sale of its 50% stake in the fibre infrastructure company Open Fiber for around €2.65 billion. In December, the two companies reached an agreement…read more on TotalTele.com »

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Exxon Mobil, Macquarie in $11.7 Million Lawsuit over Gas Contract

2021-03-04 11:15:00| OGI

The lawsuit filed by Exxon Mobils natural gas business said last months massive winter storm and declarations of emergencies in Texas prevented it from fulfilling its supply commitment to Macquarie, the second largest U.S. gas marketer.

Tags: million contract gas mobil