The Asia Direct Cable consortium has chosen NEC Corporation to construct a high-performance submarine cable designed to carry more than 140 terabytes per second of traffic, linking 7 markets across Asia

An infrastructure fund managed by Asterion Industrial Partners is acquiring the telecoms business Grupo Cableworld – a Spanish telco

An Ardian-led consortium is tipped to be near to closing a deal to acquire a minority stake in Telecom Italia’s mobile tower group INWIT

Stockholm-headquartered fund manager EQT has opened a new office in Paris, headed by Nicolas Brugère who has been made head of EQT France

Spanish equity investment group Portobello Capital has completed the acquisition of BT Spain’s domestic fibre operations

Grupo ACS, the Spanish construction and telecoms company, has successfully issued a 5-year bond amounting to €750 million

Telxius has agreed to acquire 10,100 mobile tower sites from Telefónica Deutschland for €1.5 billion

A New York-based investment director at an Australian fund manager with a good deal of exposure to digital infrastructure is switching roles to take on a new challenge in a rival house

InstarAGF Essential Infrastructure Fund II has raised $1.2 billion at final close, exceeding its $1 billion target

A London-based fund manager is planning its fourth vintage, slated for launch at the tail end of 2020

Project finance veteran Eelco Holst joins digital infrastructure company, EdgeConnex, as VP of corporate finance this month

The Investment Management Corporation of Ontario and Stonepeak have made renewed commitments to fibre network player euNetworks

Arkansas Teacher Retirement System has committed $50 million to Macquarie Infrastructure Partners V

Private equity investor GI Partners has acquired a majority interest in Floridian fibre business Blue Stream Fiber