T‑Mobile and EQT Joint Venture Acquires Lumos

AT&T Acquires Lumen's Mass Markets Fiber Business for $5.75 Billion

February 3, 2026

Telecommunications

AT&T has completed the $5.75 billion all-cash acquisition of substantially all of Lumen Technologies' Mass Markets fiber business, adding more than 1 million fiber subscribers and expanding AT&T's fiber footprint across 32 states. The deal brings access to over 4 million customer locations and Lumen's fiber construction capabilities, supporting AT&T's goal of reaching more than 60 million fiber locations by 2030 and enabling deeper converged broadband and 5G customer relationships.

Proximus Acquires EQT's Stake in Fiberklaar

July 25, 2024

Telecommunications

Proximus has agreed to acquire EQT Infrastructure V’s majority stake in Fiberklaar for EUR 246 million, making Proximus the sole shareholder. Fiberklaar, headquartered in Ghent, is Flanders’ leading independent fiber-to-the-home provider and the transaction is intended to increase rollout efficiency and capture synergies to accelerate fiber deployment across Flanders.

EQT Infrastructure to merge IP-Only and GlobalConnect

November 21, 2019

Telecommunications

EQT Infrastructure announced plans to combine its portfolio companies IP-Only and GlobalConnect to create a leading Northern European fiber-based datacom and cloud-enabling infrastructure provider. The merger creates scale across Sweden, Denmark, Norway and Northern Germany — combining roughly 58,000 km of fiber, ~18,000 sqm of data center capacity, more than 1,500 employees and combined 2018 revenues of ~EUR 520 million to accelerate network rollout, innovation and cross-border services for B2B, B2C and public customers.

EQT and OMERS Acquire Deutsche Glasfaser

February 10, 2020

Telecommunications

EQT Infrastructure IV and OMERS Infrastructure have agreed to acquire Deutsche Glasfaser from KKR Infrastructure and Reggeborgh and will combine it with EQT's portfolio company inexio. The combined group will accelerate FTTH roll-out across rural Germany with a planned investment of over EUR 7 billion to expand gigabit-capable fiber infrastructure.

EQT Infrastructure V Co-Invests in Deutsche Glasfaser

October 16, 2020

Telecommunications

EQT Infrastructure V has agreed to co-invest alongside EQT Infrastructure IV in Deutsche Glasfaser, acquiring a roughly 12% stake post-close. The investment will support Deutsche Glasfaser's large-scale fiber-to-the-home roll-out in rural Germany and is expected to close in Q4 2020.

EQT Infrastructure Acquires 60% Stake in Newly Created Company Holding Wind Tre's Network

May 12, 2023

Telecommunications

EQT Infrastructure (EQT Infrastructure VI) agreed to acquire a 60% stake in a newly created company that will own and operate Wind Tre's mobile and fixed network in Italy, valuing the business at an enterprise value of EUR 3.4 billion. CK Hutchison (Wind Tre's current owner) will retain a 40% stake; EQT plans to invest in the network, expand services (including fixed wireless access, IoT and private networks) and pursue sustainability and growth opportunities.