Lightning Fibre’s quick insolvency switch could show the way for struggling altnets
Lightning Fibre’s £40m pre-pack sale out of administration and back into the hands of the investment fund that had supported its initial build may prove a template for struggling UK altnets as expectations on performance levels rise, but at what cost for suppliers and partners? Read more…
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Includes: Adtran; CMS; CK Civils; Delteq; DLA Piper; Foresight Group; FRP Advisory Trading; Hexatronic; IX Wireless; Networks Centre; Northern Telecom; Speclay; Surefire Telecom; Zzoomm; Benjamin Ferriman (Founder, former CEO of Lightning Fibre); Simon Bonini (Founder of Lightning Fibre); Credit bid; Fibre infrastructure; Insolvency; Investment in infrastructure; Network rollout; Pre-packaged sale.
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