ITS Technology Group has secured £100m of debt financing from Avenue Capital Group to bolster its ambitions to reach 50% of UK commercial business premises.
Investment
Connected Britain 2023 saw stakeholders from across the connectivity landscape discuss the evolution of the UK fibre market, with one message echoing around the ExCel – the gold rush is over.
TalkTalk has secured a £75m non-recourse financing facility from investment firm KKR.
brsk has secured an additional £156m debt investment from existing backers Ares Management.
Infrastructure investor INPP has confirmed that an agreement is in place for the sale of its stake in Airband.
G.Network has secured an additional £150m of backing from USS, its principal equity investor to accelerate its next phase of growth.
LightSpeed has been acquired by Kompass Kapital following a period of restructuring which saw reported job cuts and a dip in build rate.
Wildanet has secured an additional £50m of private equity funding from Gresham House, to accelerate and extend its rollout in Cornwall and Devon.
Gigaclear has secured up to £420m in equity investment from Equitix to drive its fibre rollout to service more than a million premises by 2027. Its network currently serves more than 450,000 homes across 23 counties.
Connectus Business Solutions has secured new funding with Time Finance that will drive its plans for expansion, including staff hires and acquisitions.
Pagination
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