As lenders wobble on UK fibre, should altnets brace for potential write-downs?
FTTH Congress CEE: ING warns that lender peers are weighing up debt write-downs as UK and European fibrecos fail to deliver on business case promises. Altnet leaders warn that investors are ‘scarred’ by past shortcomings, but can be reconvinced…
This article includes:
- Themes: Average revenue per user (ARPU); Business plan delivery; Capital efficiency; Consolidation; Debt impairment; Debt write-down; Downside protection; Fibre build; Fibre connections; Fibre financing; Free cash flow; Investment appetite; Investor confidence; Merger and acquisition (M&A); Network reach; Risk exposure; Sector loans; Wholesale model.
- Events: Connected Britain 2025; FTTH Congress CEE 2025.
- People: Charles Cameron; Christian Maher; Cristina Gonzalez; Dominic Kearns; Jeremy Chelot; Jeroen Kleinjan; Rajiv Datta.
- Geographic: Central and Eastern Europe (CEE); Cumbria; Europe; Northern Ireland; UK; Warsaw.
- Organisations: ABN Amro; Cameron Barney Herbst Hilgenfeldt (CBHH); CityFibre; Cube Infrastructure Managers; Eight Advisory; Enders Analysis; Equitix; Fibrus; Financial Times; FullFibre; G.Network; Gigaclear; Holihan Lokey; ING; Infracapital; Investec; KKR; Liberty Global; Lloyds; NatWest; Netomnia; nexfibre; NIBC; Railpen; Santander; Telefónica; UK Infrastructure Bank; Universities Superannuation Scheme; Zzoomm; Zen Internet.
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