3i Infrastructure Said to Weigh Options for 50% Stake in Tampnet

3i Infrastructure Plc is exploring options for its 50% stake in offshore telecoms network operator Tampnet AS, including a possible sale, people with knowledge of the matter said.

Tampnet, which provides communication network infrastructure in the North Sea and the Gulf of Mexico, could be valued at as much as $1 billion in a deal, according to the people.

Deliberations are ongoing and there’s no certainty they’ll lead to a transaction, they said, asking not to be identified discussing confidential information. A spokesperson for 3i declined to comment.

3i Infrastructure is a listed arm of London-listed private equity firm ...