G.Network attracting investor interest, says Sky

Mon, 15/07/2024 - 10:27
CEO Kevin Murphy

CityFibre and Community Fibre are among the parties reported to have expressed interest in acquiring G.Network, according to Sky.

Investors in the London-based altnet, which include the universities pension scheme USS, are reportedly working with Bankers Nomura and Jefferies to explore a sale.

The altnet currently has a footprint of 415,000 plus premises passed and secured £85m funding from USS last month.

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