CityFibre attracts over £1.4B in ‘largest-ever’ raise for UK full-fibre

CityFibre has attracted over £1.4 billion in the “largest-ever capital raise” for a UK full-fibre deployment. The milestone was reached following a further equity commitment of £300m from its existing shareholder, Mubadala Investment Company. Greg Mesch, Chief Executive at CityFibre, said: “Mubadala’s confidence in our business is testament to our growing momentum and progress. The…

CityFibre attracts over £1.4B in ‘largest-ever’ raise for UK full-fibre

CityFibre has attracted over £1.4 billion in the “largest-ever capital raise” for a UK full-fibre deployment. The milestone was reached following a further equity commitment of £300m from its existing shareholder, Mubadala Investment Company. Greg Mesch, Chief Executive at CityFibre, said: “Mubadala’s confidence in our business is testament to our growing momentum and progress. The…