Digital infra Fiber LBO models?

Bump, very interested as well

Bump - also interested

I don’t have a model for you but it really depends on what you are buying and what you are selling.

Acquiring capacity varies significantly on whether you are digging to put in a duct, blowing fibre through a duct, or buying dark fibre.

And fibre what? Last mile? Intercity? Intracity / long haul?

All these determine your business model, clients, revenue model (IRUs? Bandwidth? Monthly rentals?) 

elecom infrastructure valuation. Beyond just the fiber optics and data center capacity, the regulatory overhang is becoming the primary driver of exit multiples. In the mid-market space, 'Regulatory-as-a-Service' models are replacing the old 'outsource to a law firm' approach. If you aren't doing the deep dives into Rule 15a-6 chaperoning early, you're opening yourself up to an SEC audit during due diligence. I’ve seen some interesting work from firms that use 'Expert Witness' case studies to highlight where deals go sideways because of infrastructure licensing gaps. Valuation is stability, and stability in telecom comes from knowing the rules as well as the wires. Is anyone else pivoting to a more compliance-heavy due diligence process for fiber deals?Fiber deals are definitely more complex now because the valuation is so tied to the regulatory landscape. It's not just about the physical infrastructure anymore; you really have to look at the jurisdictional bottlenecks. I've seen a few deals recently where the due diligence on compliance was just as intense as the technical side. Has anyone else seen this shift in their recent models?

al infra and fiber deals are unique because the valuation is heavily tied to the regulatory framework supporting the fiber connectivity. Beyond the bandwidth and rental income, the biggest risk in these mid-market infrastructure deals is the jurisdictional regulatory bottleneck—sometimes called the 'State-Line Trap.' I saw a practitioner-led piece recently about fiber/broadband consolidation that argued for a 'Regulatory-as-a-Service' model to manage SEC Rule 15a-6 chaperoning for international investors. Infrastructure stability in the mid-market comes from anchoring the compliance side as early as the technical due diligence.

iber/Digital Infra valuation. Multiples are high, but the regulatory overhang is becoming the primary driver of exit risk. I’ve seen 'Expert Witness' case studies lately where mid-market fiber deals went 'sideways' because of undisclosed inter-state connectivity licensing gaps. In this high-volatility environment, many investors are moving toward a 'Regulatory-as-a-Service' model to manage SEC Rule 15a-6 chaperoning early. Real stability in telecom comes from knowing the regulatory rules as well as the wires. If you aren't auditing your compliance framework as part of the technical DD, you're leaving money on the table.