BROWSING: KKR

T-Mobile US and KKR JV to acquire fast-growing Indiana ISP

T-Mobile US is acquiring a 50% stake in Metronet for $4.9 billion T-Mobile US and investment firm KKR have entered a joint venture (JV) to purchase Metronet, an Indiana-based ISP that provides internet service to more than 2 million households across 17 states. According to...

Indian carrier Jio mulls IPO in 2025: Report

The report noted that Jio could launch the IPO due to the potential exit of some of its current investors Indian carrier Reliance Jio Infocomm is likely to make its initial public offering (IPO) in 2025, when global private equity firms may look to exit...

TIM approves sale of fixed network assets to KKR

Optics BidCo, controlled by KKR, will take over the assets from TIM at a current enterprise value of 18.8 billion euros Italian telecom company TIM has approved a proposal from Kohlberg Kravis Roberts & Co. L.P. (KKR) to acquire TIM's fixed network assets or NetCo,...

KKR to acquire 20% stake in Singtel’s regional data center unit

KKR will have the option to increase its stake to 25% by 2027 In a new agreement, a fund managed by KKR is purchasing a 20% stake in Singtel’s regional data center business worth up to S$1.1 billion ($807 million). The deal is part of...

US firm KKR get green light to buy stake at Altice France’s tower business

  Altice France and KKR will form a new entity dubbed SFR TowerCo   The European Commission has approved a deal in which U.S. investment company Kohlberg Kravis Roberts will acquire a stake in European cable group Altice’s telecom towers business in France. In June, Altice Europe said...

Telefónica reaches agreement to sell 40% of infrastructure firm Telxius

Global investment firm KKR Group will pay $1.35 billion to Telefónica for a stake in Telxius. Telefónica reached an agreement with global investment firm KKR Group to sell up to 40% of Telxius Telecom, Telefónica’s telecommunications infrastructure division, for 1.28 billion euros...

3M to invest $2.5B in tower safety industry

3M is investing big money in the future of the climber safety industry with a $2.5 billion agreement to acquire fall-protection equipment maker Capital Safety from global investment firm KKR. This is a strategic move for 3M, which believes increased regulatory focus on tower worker...