CityFibre secures £2.3bn war chest to lead UK altnet scaleup round
UK’s largest altnet finalises funding aimed at accelerating operations and driving fibreco consolidation. The question now is ‘what next for Virgin Media O2, its mothballed NetCo spinout, and nexfibre sidecar?’. Read more…
This article includes:
- Organisations: ABN AMRO; Antin Infrastructure Partners; BBVA; CityFibre; Crédit Agricole CIB; Goldman Sachs Asset Management; ING; Intesa Sanpaolo IMI CIB; Liberty Global; Lloyds; Mubadala Investment Company; National Wealth Fund; NatWest; nexfibre; Société Générale; Telefónica; Virgin Media O2 (VM O2).
- Geographies: Brazil; Europe; Latin America; United Kingdom (UK).
- People: Mike Fries; Emilio Gayo; Simon Holden; Greg Mesch.
- Themes: Altnets; Broadband; Consolidation; Debt; Digital infrastructure; Equity; Fibre (FTTP); Fibre broadband; Fibre consolidation; Mergers and acquisitions (M&A); Network assets; Network infrastructure; Network investment; Network rollout; Refinancing; Rural connectivity; Wholesale broadband.
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