UK fibre: lenders seizing control at Gigaclear, to pursue sale — report

Joe Purnell2026-01-19T18:29:00

Source: Gigaclear

In depth: For the second time already in 2026, creditors look set to seize a beleaguered UK fibreco, again with trade consolidator no-show cited and equity investors squeezed out. Rural altnet heavily debt-laden but also boasts interesting KPIs, so could still turn some heads, if the price is right…

This article includes:

Themes: Altnet consolidation; Capital efficiency; Creditor takeover; Debt restructuring; Fibre network build‑out; Infrastructure valuation; Rural broadband; Senior debt refinancing; Take‑up rates.
People: Dominic Kearns; Jeroen Kleinjan; Rajiv Datta.
Geographic: England; Oxfordshire; UK.
Organisations: ABN Amro; CityFibre; Equitix; FitzWalter; Gigaclear; Grain Internet; Hyperoptic; ING; Infracapital; Lloyds; National Wealth Fund (NWF); NatWest; Netomnia; NIBC; Quickline; Railpen; Santander; Wildanet.

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