G.Network: London FibreCo being prepped for trade sale?
Sky News reported anonymous sources claiming the sizeable London fibre provider has hired bankers after being approached by potential buyers. Investors USS and Cube recently rejigging. Potential compatible buyers identified…
This article includes:
- Organisations: BT Group, CityFibre; Community Fibre; Cube Infrastructure Management; Deutsche Telekom; DTCP; G.Network; Jefferies; Lit Fibre; Openreach, Trooli, Spitfire Network Services; USS; Virgin Media O2, Vorboss, Warburg Pincus.
- Geographic: UK.
- People: Carl G; Jon Hurry; Kevin Murphy; René Obermann; Dirk Wössner.
- Themes: Consolidation; Fibre altnet; Growth targets; Integration; Investments; Mergers and Acquisitions (M&A); Pension funds; Retail and wholesale service provider; Wholesale-only model; XGS-PON.
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