IoT - Making what is possible a reality
27 June 22
27 June 22
Triple Point’s Digital 9 Infrastructure plc (DGI9), a leading investor in the infrastructure of the internet, is pleased to announce that it has agreed the terms of an acquisition of a 48.02% voting stake in Arqiva Group Limited (Arqiva).
Arqiva is a UK-based data, network and communications service provider, the sole operator of digital terrestrial television and radio infrastructure in the United Kingdom and an Internet of Things (IoT) connectivity platform for utilities, including a smart water metering platform working at scale in the UK.
“The core, contracted nature of Arqiva’s national broadcasting service is complemented by its high growth and innovative smart metering and connectivity solutions. The business benefits from the utility sector’s need to manage data more effectively across networks, whilst it continues to maintain long-term cash flow from its national broadcasting service.” Comments Thor Johnsen, Head of Digital Infrastructure at Triple Point.