Cityfibre gets £2.3bn to expand and buy, consolidate UK altnet market

CityFibre has secured £2.3B in new funding to expand its full-fiber network, drive M&A activity, consolidate the UK altnet market, and strengthen its position as Openreach’s main challenger. In sum – what to know: Funding boost – new financing includes £500m in new equity and £960m in expanded debt, with a further £800m accordion facility […]

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