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.

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.

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.

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 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.

The inaugural Proof of Concept (PoC) program at Fiber Connect 2022 featured collaborative projects among Fiber Broadband Association member companies. PoCs were asked to demonstrate how fiber broadband allows the innovative services and applications driving the Gigabit Economy to deliver more value to communities, companies and people than with other broadband delivery options.

The Women in Fiber Luncheon at Fiber Connect 2022 made for an inspiring afternoon.  Brittany N. Cole, CEO of Career Thrivers and author of Thrive Through It, was the keynote speaker.

Castle International Corp. (NYSE: CCI) ("Crown Castle") reported results for the first quarter ended March 31, 2022 and increased its full year 2022 outlook, as reflected in the table below.

Canada's antitrust agency has blocked Rogers' deal to buy Calgary-based Shaw on the grounds it would reduce competition in the wireless industry.

The long-awaited move follows the United States and other key allies, and comes on the heels of a diplomatic row between Ottawa and Beijing over the detention of a senior Huawei executive on a US warrant, which has now been resolved.