Clock ticking for UK altnet Spring Fibre as administration looms
A notice of intention to enter administration has been submitted, with the altnet having until the end of the week to find a solution for its financial situation or appoint an administrator.
This article includes:
- Organisations: Brsk; CityFibre; Fiera Infrastructure; Foresight Group; G.Network; Lightning Fibre; Lit Fibre; Netomnia; River Global; Spring Fibre.
- Geographic: Canada; Lincolnshire; Reading; UK.
- People: Gareth Greppellini.
- Themes: Administration; Altnet; Broadband; Consolidation; Creditors; Debt; Fibre; Funding; Insolvency; Investor; Liquidation; Network builder; Prepack administration.
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