Sunday, 17 October 2021

Altnet G.Network raises over £1 billion for London broadband

by Harry Baldock, Total Telecom
Monday 14 December 20

Universities pension scheme has invested £295 million, while the operator also raised £745 million in debt

Back in March, London-based alternative network provider G.Network announced that it was seeking around £200 million via share sales and private debt in order to accelerate its fibre broadband deployment in the UK’s capital. At the time, the company was seeking to reach their initial build target of 120,000 premises…

Back in March, London-based alternative network provider G.Network announced that it was seeking around £200 million via share sales and private debt in order to accelerate its fibre broadband deployment in the UK’s capital. At the time, the company was seeking to reach their initial build target of 120,000 premises…

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