Gigaclear has entered into a new debt facility of up to £1.5bn, which will be used to accelerate its plans to provide service to more than a million rural premises by 2027.
Investment
Wessex Internet and its majority shareholder ASCI III have secured an additional £35m in funding in 2023 for the business’s long-term growth plans.
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.
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.
Pagination
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