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AllPoints ‘not for sale’ amid CityFibre M&A rumours
UK fibre wholesaler AllPoints Fibre Networks says it is not looking to sell after reports that CityFibre is discussing a potential acquisition with AllPoints stakeholder Fern Trading. Rumours come after AllPoints CEO Jarlath Finnegan said he is confident in the altnet’s financial position, as several players struggle to bag fresh financing…
This article includes:
- Organisations: AllPoints Fibre Networks; aquila; Brillband; CityFibre; Connexin; Cuckoo; Fern Trading; Giganet; Jurassic Fibre; Lit Fibre; Octopus Investments; Openreach; Swish Fibre.
- Geographies: Europe; United Kingdom (UK).
- People: Jarlath Finnegan; Ronan Kelly.
- Themes: Acquisitions; Altnets; Backers; Debt funding; Equity investment; Fibre (FTTP); Fibre aggregation; Fibre build; Financing; Mergers and acquisitions (M&A); Retail brands; Shareholders; Technology; Wholesale.
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