Today’s telecom news includes announcements on AT&T‑backed Gigapower, AI B2B revenue of telecoms, KKR’s Telecom Italia deal, among others.
Tilson Sues AT&T‑Backed Gigapower Over $20 mn Contract Dispute
Tilson Technology Management filed a breach of contract lawsuit against Gigapower, a joint venture between AT&T and BlackRock, alleging nonpayment of about $20 million for fiber‑optic network construction in Arizona and Nevada. On April 29, 2025, Gigapower terminated most of the work under a contract clause. Following the contract’s cancellation, Tilson filed for Chapter 11 bankruptcy in Delaware on May 29, 2025, citing a sharp loss of revenue. The company secured $37.5 million in debtor‑in‑possession financing and gained court approval to pay employees and vendors during restructuring. Tilson is pursuing legal claims, seeking to sell its operations. Gigapower is expanding fiber infrastructure beyond AT&T’s traditional markets via an open‑access model, deploying networks in areas including Pennsylvania, Alabama, New Mexico, South Carolina, Minnesota, Arizona, and Nevada.
Telecoms Set to Reach $4 Billion in AI B2B Revenue by 2025, Omdia Reveals
Omdia launched the first Telco B2B AI Monetization Index to measure how telecom operators generate revenue from AI in B2B markets. Covering 14 global operators, the index estimates telco B2B AI revenues could reach $4 billion in 2025, growing at a 65 percent compound annual rate through 2030. The index breaks down AI monetization into connectivity, infrastructure, model training, inference services, and professional services. Telecom operators are shifting from providing connectivity to enabling AI workloads in data centers and offering related services. They leverage existing assets such as fiber networks, data centers, and cloud infrastructure to support AI functions. Growth is mainly driven by enterprise demand in sectors like manufacturing, finance, and healthcare.
EU Probes KKR Over Possible Misleading Data in €22bn Telecom Italia Deal
The European Commission is investigating whether KKR provided misleading information during its €22 billion acquisition of Telecom Italia’s fixed-line network. The deal, approved in May 2024, depended on agreements between FiberCop, Telecom Italia’s last-mile network unit, and telecom companies Fastweb and Iliad. The Commission will check the accuracy of KKR’s disclosures about these agreements. This investigation is part of the EU’s effort to monitor companies supplying information during merger evaluations, Reuters reports.
TelecomLead.com News Desk
