CityFibre’s Holden: altnets and backers must pull together for investment‑grade nirvana

Neal Doran2025-04-22T13:15:00

Simon Holden (CityFibre), Daniel Mendes (Digital Bridge), Marco Griefahn (ING)

Source: Eight Advisory

In-depth from Eight Advisory’s London event: as UK fibre altnets face financing challenges, optimistic CityFibre COO reveals vision for consolidation, suggesting sector is “a very small number of M&A transactions away” from creating a sufficiently scaled platform to rival BT/Openreach and VM O2. Additional Greg Mesch and Rob Hamlin coverage from FTTH Conference in Amsterdam…

This article includes:

People: Charles Cameron; Greg Mesch; Rob Hamlin; Simon Holden.

Themes: Altnet (alternative network); Broadband; Capital structures; Consolidation; Debt financing; Equity investment; Fibre infrastructure; FTTH (Fibre to the Home); Infrastructure investment; Investment-grade status; Leveraged finance; M&A (Mergers and Acquisitions); Network penetration; Pension funds; Programmatic M&A; Refinancing; Regulatory policy; Telecommunications.

Events: Eight Advisory’s fibre financing event (Telecoms Panel Discussion – UK Fibre Financing State of Play); FTTH Conference 2025.

Geographic: Hull, England; United Kingdom (UK).

Organisations: BT Group; CityFibre; Connexin; Eight Advisory; FullFibre; Goldman Sachs; Lit Fibre; Macquarie; Netomnia; Ofcom; Openreach; Sky; Virgin Media O2 (VM O2).

Register for free to continue reading this article

Already registered? Sign in here.

Join the TelcoTitans community and continue reading this article

By registering for a free account, you will get immediate access to the rest of this article, plus:

Enhanced access to TelcoTitans with three free article views per month
TelcoTitans Daily and Weekly newsletter briefings

“The detail is very good. Better than we get internally.” – GM, Vodafone OpCo

Want full access to TelcoTitans content? Check out our subscription options.