Prysmian acquires Channell Commercial Corp. for $950 million, boosting its fiber-to-the-home services and North American cable market position.

Prysmian will now review its guidance and disclose it, taking into account the contribution from Channell, with the 1H '25 results that will be issued on July 31, 2025.

"This acquisition enhances Prysmian's capability to address the intricate and evolving needs of telecom operators and infrastructure providers, including FTTH deployment.

Prysmian SpA (BIT: PRY) reported its first quarter 2025 results on May 8, showcasing solid organic growth of 5.0% and improved EBITDA margins, primarily driven by exceptional performance in its ...

When asked about any further disposals of shares Prysmian still holds in YOFC, the spokesperson did not rule out such a possibility.

Prysmian S.p.A. ADR Quarterly balance sheet by MarketWatch. View all AEU0 assets, cash, debt, liabilities, shareholder equity and investments.

Prysmian last week announced the acquisition of cable manufacturer Channell Commercial Corporation for $950 million. The Italian cable manufacturing company noted that the deal will “accelerate its ...

By Adria Calatayud Prysmian said it agreed to buy Channell Commercial for up to $1.15 billion, in a bid to expand its services offering and U.S. presence to tap into growing demand driven by ...

Miros has extended its agreement with Prysmian for the supply of wave monitoring systems, which have been installed on Prysmian Monna… ...

Under the partnership, Prysmian will manufacture high-performance cables based on Relativity Networks' hollow-core fibre technology, for which the U.S. company is awaiting patent approval.

Under the “multi-year” corporate PPA, Prysmian will purchase power from a 150MWp solar PV plant in the Viterbo province in central Italy.

The proposed offshore wind cable factory would have created between 200 and 350 manufacturing jobs at the site of an old coal fired power plant in Somerset’s Brayton Point neighborhood.