Macquarie takes a hit as it considers KCOM exit
Joe Purnell2026-04-13T13:47:00
Investment group writes down more than half a billion pounds on Hull-based operator as reports swirl of imminent sale.
This article includes:
- Themes: Asset impairment; Broadband competition; Debt restructuring; Fibre overbuild; Financial write‑down; Market consolidation; Strategic rethink; UK fibre market; Valuation decline.
- Geographic: Hull; United Kingdom.
- Organisations: BT/Openreach; CityFibre; Connexin; Grain Connect; KCOM; Lloyds; Macquarie Asset Management; MS3; NatWest; Perella Weinberg Partners; PJT Partners; VIRTUS Data Centres; Voneus.