A consortium led by funds managed by H.R.L. Morrison & Co (“Morrison & Co”), a global infrastructure investment firm focused on the digital and renewables sectors, and including Australian Retirement Trust (“ART”) and a managed client of UBS Asset Management, today announced that it has signed a definitive agreement to acquire FiberLight, LLC (“FiberLight”), a leading fiber infrastructure provider with more than 20 years of experience building and operating mission-critical, high-bandwidth networks, from Thermo Companies. The investment will accelerate FiberLight’s network expansion, positioning it to take advantage of the rapidly growing fiber infrastructure market. Terms of the transaction were not disclosed.
TikTok Ban Attempt Signals New Wave on US-China Tech War
A TikTok ban across Google and Apple app stores is being aggressively pushed by the Federal Communications Commission (FCC) Commissioner. This is due to the fresh privacy concerns revealed within the Chinese-owned short-form video app.
AT&T and Verizon Executives Join MEF Board of Directors
MEF announced the appointment of two new members to its board of directors. Debika Bhattacharya, Chief Product Officer, Verizon Business, and John Nolan, Vice President, Global Connection Management, AT&T, join a distinguished group of visionary leaders in the service provider and ICT industries.
Telecom Review Brings Industry Leaders Together
The importance of the wholesale business has been put under the spotlight as capacity demands increase. Industry leaders convened to discuss the role of the wholesale and capacity industry and if it’s gaining more ground in the digital era.
5G and Beyond: Building Canada’s World-Class Digital Networks
5G presents a huge potential impact in Canada, not only on the economy but also on driving the telecom sector forward, bridging the digital divide, and reducing carbon footprint.