Investment
AI and security to lead tech investment
Almost eight in 10 (79%) IT leaders expect to increase their tech budgets over the next one to three years, with one in four hoping to drive revenue with digital infrastructure.Investment of £62m made to boost telecoms research
The Department for Science, Innovation and Technology has announced a £62m investment to support the development of technologies that will be crucial to future telecoms networks.Midwich unveils corporate venture capital arm
Midwich Group will begin investing in AV entrepreneurs through Midwich Ignite, a new corporate venture capital arm.LDC exits Kerv following successful three years
LDC has exited its investment in Kerv following a three-year partnership, that saw the cloud services provider grow five-fold from £20m to £100m.TalkTalk secures £75m financing facility from KKR
TalkTalk has secured a £75m non-recourse financing facility from investment firm KKR.Connectus secures funding from Time Finance
Connectus Business Solutions has secured new funding with Time Finance that will drive its plans for expansion, including staff hires and acquisitions.VM launches new NHCS core network
Virgin Media Business Wholesale, the fixed wholesale connectivity arm of VMO2 Business, has launched an enhanced core platform for National High Capacity Services (NHCS).Flotek secures M&A war chest from Tower Leasing
Flotek is poised to kick off a buy and build campaign having secured substantial backing from Tower Leasing.CityFibre completes mammoth £4.9bn debt raise
In what has been hailed as one of Europe’s largest ever full fibre financings CityFibre has secured a £4.9bn debt packaRedcentric eyes acquisitions with new £100m banking facilities
Redcentric has completed the refinancing of its Group debt facilities, consisting of an £80m Revolving Credit Facility and a £20m accordion facility.
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