Welcome to our dedicated page for Digitalbridge Group news (Ticker: DBRG), a resource for investors and traders seeking the latest updates and insights on Digitalbridge Group stock.
DigitalBridge Group, Inc. (NYSE: DBRG) regularly issues news and updates that reflect its role as a global alternative asset manager focused on digital infrastructure. Company press releases highlight activity across the digital ecosystem, including investments in cell towers, data centers, fiber, small cells, and edge infrastructure, as well as fund milestones and strategic partnerships. This news page aggregates such announcements so readers can review how DigitalBridge communicates its strategy and platform developments over time.
Recent news items include the close of DigitalBridge Partners III, the firm’s third value-added digital infrastructure fund, with multi-billion-dollar commitments and co-investments, and early deployment into platforms such as Vantage Data Centers North America, Yondr Group, Orange Barrel Media, FiberNow, and JTOWER. Other releases describe DigitalBridge’s role as a major investor in hyperscale data center projects, including large campuses that support AI and cloud workloads, and its collaboration with KT Corporation in Korea through a memorandum of understanding to explore next-generation AI data centers.
DigitalBridge-related news also covers portfolio and platform transactions, such as the agreement for funds managed by an affiliate of DigitalBridge to sell Digita Group, a Nordic tower and broadcast infrastructure platform, to GI Partners, and the completion of a take-private acquisition of WideOpenWest, Inc. (WOW!) by affiliated investment funds of DigitalBridge and Crestview Partners. In addition, announcements describe a definitive agreement under which SoftBank Group Corp. plans to acquire DigitalBridge, subject to stockholder and regulatory approvals.
Investors and observers can use this news feed to review DigitalBridge’s public statements on fundraises, portfolio activity, strategic partnerships, and proposed corporate transactions, all of which illustrate how the company positions itself within the global digital infrastructure landscape.
DigitalBridge Group (NYSE: DBRG) has announced participation in two key conferences. On December 1, 2022, Wilson Chung will engage in a Fireside Chat at Capacity Asia 2022 in Singapore, discussing the five-year outlook for network investment. On December 7, 2022, Warren Roll will speak at the GSMA Tower & Fibre Webinar at 11:00 am UK time. DigitalBridge is a leading global digital infrastructure firm with a $50 billion portfolio in digital assets, headquartered in Boca Raton and with a presence in major global cities.
DigitalBridge Group (NYSE: DBRG) has announced the acquisition of a stake in AIMS Group from TIME dotCom, forming a new edge data center platform targeting Southeast Asia's growth markets. AIMS, a leading data center operator in Malaysia, provides interconnected environments for a diverse range of customers. The transaction is subject to closing conditions and is expected to finalize in 2023. DigitalBridge aims to leverage AIMS' robust development pipeline and expansion potential, enhancing its position in the digital infrastructure sector.
DigitalBridge Group (NYSE: DBRG) announced its participation in several investor and industry conferences in November 2022. Key events include the Goldman Sachs CFO Conference on November 14 in San Francisco, where CFO Jacky Wu will attend, and the USTelecom Broadband Investment Forum on November 16, featuring CEO Marc Ganzi in a fireside chat. Ganzi will also participate in the Milken Institute Middle East and Africa Summit on November 17 in Abu Dhabi. Additionally, Brandon Amber will represent the company at the TowerXchange Meetup Asia and Capacity Asia in Singapore from November 29 to December 1.
DigitalBridge Group, Inc. (NYSE: DBRG) reported its third quarter 2022 financial results, revealing total revenues of $297 million and a GAAP net loss attributable to common stockholders of $(63) million or $(0.39 per share. The Company noted Distributable Earnings of $39 million or $0.22 per share. The Board reinstated the common stock dividend at $0.01 per share, with payments made on October 17, 2022, and another scheduled for January 17, 2023. CEO Marc Ganzi stated that despite macroeconomic challenges, the Company's portfolio companies continue to show strong growth.
Connectbase has successfully raised $21 million in its Series C funding round, led by DigitalBridge Ventures, part of DigitalBridge Group (NYSE: DBRG). The funding aims to improve platform capabilities and expand global digital services, driven by the growing demand for bandwidth. Existing investors, including Ascent Venture Partners and Harbert Growth Partners, also participated. Connectbase, serving 28 of the top 30 U.S. network operators, aims to automate connectivity processes and enhance user experience with new features and workforce growth.
DigitalBridge Group (NYSE: DBRG) will participate in several investor conferences in October 2022. Notably, from October 12-13, CFO Jacky Wu will join the M&A panel at the Houlihan Lokey Global Tech Conference in New York. The company will also attend the Capacity Europe 2022 conference in London, where Chris Moon and Warren Roll will speak on key topics from October 17-20. Lastly, CEO Marc Ganzi will be featured at the McKinsey & Company Global Infrastructure Initiative Summit in Tokyo on October 19-20.
DigitalBridge Group, Inc. (NYSE: DBRG) will announce its Q3 2022 financial results on November 4, 2022, at 10:00 a.m. ET. A conference call will follow the release, allowing investors to discuss the results live. The earnings presentation will be accessible on the company’s investor relations website. DigitalBridge, with a $48 billion portfolio, specializes in digital infrastructure, managing assets across cell towers, data centers, and more.
DigitalBridge Group (NYSE: DBRG) has reinstated its quarterly cash dividend at $0.01 per share, payable on October 17, 2022 to shareholders of record by September 30, 2022. CEO Marc Ganzi emphasized that this move reflects the company's strengthened cash flow profile and improved long-term earnings potential, while also enhancing total shareholder returns. DigitalBridge manages a substantial $48 billion portfolio of digital infrastructure assets, underscoring its commitment to growth alongside returning value to shareholders.
DigitalBridge Group, Inc. (NYSE: DBRG) has appointed Bernardo Vargas Gibsone as Managing Director, Head of Latin America. With over 30 years of experience in infrastructure investment, Vargas previously served as CEO of ISA Group, achieving significant growth and a fivefold increase in share price. His role will focus on expanding DigitalBridge’s investment management in Latin America and enhancing existing investments. CEO Marc Ganzi emphasized the importance of Vargas's leadership in executing the company's growth strategy in this key region.
DigitalBridge Group (NYSE: DBRG) will participate in key investor and industry conferences from September 9 to September 30. Notable appearances include Marc Ganzi speaking at the Goldman Sachs Communacopia & Technology Conference on September 13 at 3:45 pm PT, and the Deutsche Bank Leveraged Finance Conference on September 20 at 10:40 am MT. Other executives will conduct 1x1 meetings with investors. DigitalBridge, a leader in digital infrastructure management, oversees a $48 billion portfolio and has offices in multiple global cities.