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Startups & Venture·September 1, 2026·1 min read

Epiris Agrees to Buy UK’s Gamma Communications for £1 Billion

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Private equity paying ~£1 billion for a mid-market comms provider is another data point that connectivity and UCaaS cash flows are being treated as yield infrastructure, not growth tech. If you rely on telco-adjacent vendors, underwrite more price discipline and slower feature velocity post-buyout.