Macquarie Considers a Potential $5 Billion-Plus Sale of Former ...

Dec 18, 2024 · Macquarie, which owns Altafiber through an infrastructure fund managed by its asset management arm, is working with advisers on options for Altafiber, which could fetch …

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Macquarie Considers A Potential $5 Billion-Plus Sale Of Former ...

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Dec 18, 2024 · Macquarie, which owns Altafiber through an infrastructure fund managed by its asset management arm, is working with advisers on options for Altafiber, which could fetch …

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Macquarie's Potential $5B Altafiber Sale: Opportunities And …

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The proposed sale price, over $5 billion, reflects Altafiber's growth and strategic importance in the telecommunications sector. This article explores the potential sale, its implications, and the …

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Report: Altafiber Owner Mulling Multibillion-dollar Sale Years After ...

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Dec 30, 2024 · Bloomberg said Macquarie is working with advisers to begin formally soliciting interest in Altafiber next year, for a sale the news service said could be worth more than $5 …

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Macquarie Is Considering A Potential $5 Billion-Plus Altafiber Sale

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(Bloomberg) -- Macquarie Group Ltd. is beginning to explore strategic options including a sale for Altafiber, the telecommunications carrier formerly known as Cincinnati Bell, as appetite surges …

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Macquarie-backed Altafiber Raises $600m In New Funding

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Aug 30, 2023 · Altafiber has raised $600m (€545m) in new funding from existing investors including Macquarie Asset Management and Ares Management. The US fibre network …

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FAQs about Macquarie Considers a Potential $5 Billion-Plus Sale of Former ... Coupon?

Could altafiber sell for $5 billion?

Most Read from Bloomberg Macquarie, which owns Altafiber through an infrastructure fund managed by its asset management arm, is working with advisers on options for Altafiber, which could fetch more than $5 billion in a sale, said the people, who asked not to be identified discussing confidential information. ...

Will Macquarie buy altafiber?

(Bloomberg) -- Macquarie Group Ltd. is beginning to explore strategic options including a sale for Altafiber, the telecommunications carrier formerly known as Cincinnati Bell, as appetite surges for companies offering broadband internet services, according to people familiar with the matter. Most Read from Bloomberg ...

Where is altafiber headquartered?

Altafiber is headquartered in the Atrium Two building in downtown Cincinnati. The New York firm that took Cincinnati Bell private, and changed its name to Altafiber, is now mulling the sale of the downtown-headquartered infrastructure company for billions of dollars, according to a Bloomberg report. STORY HIGHLIGHTS ...

Will altafiber sell CBTs to TowerBrook Capital Partners?

Altafiber in February announced an agreement to sell CBTS – its hardware and IT services firm and one of the region's largest IT companies – to TowerBrook Capital Partners. The potential sale of Altafiber comes as U.S. mobile carriers move to buy up fiber infrastructure. ...

How many employees does altafiber have?

By the end of 2023, Altafiber had revenue of $1.8 billion and had expanded its fiber network to approximately 760,000 addresses in Ohio, Indiana and Kentucky. It also provides service in Hawaii under the brand Hawaiian Telcom. The company has about 1,400 local employees, according to a spokesman. ...

How much tax revenue does altafiber generate?

Between 2018 and 2022, the direct capital and operations expenditures of altafiber and the resulting indirect output created $171.9 million in tax revenue for state and local governments. ...