Zzoomm has appointed Acuity Advisors to explore potential M&A targets, according to a report from Sky News.
![CEO Kevin Murphy](/sites/default/files/styles/news_story_image/public/2024-07/G.Network%20%282%29.png?h=712bba64&itok=lM309MDj)
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.