More fibre consolidation in Spain as Cinven buys utility network

The Spanish telecoms market continues to be a hotbed of consolidation, as European private equity firm Cinven on Monday announced plans to acquire a fibre network running through Spain and Latin America, from Spanish natural gas utility, Gas Natural Fenosa, for €510m.

AT&T to extend fibre rollout

US operator AT&T has announced plans to expand its fibre network across the US to up to 100 further cities and municipalities. The operator will be extending the footprint its triple play U-Verse TV, fixed internet and telephony service which it claims delivers speeds of up to 1Gbps.