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…

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…

Ookla finds Starlink now averages over 100 Mbps

Research from Ookla finds that Starlink now averages over 100 Mbps in 15 countries. The results, from Q4 2021, suggests that SpaceX’s satellite system continues to beat median fixed broadband speeds in most locations: Starlink Fixed Broadband Australia 141.55 51.35 Austria 131.84 50.33 Belgium 155.15 76.94 Canada 106.64 96.39 Chile 118.95 168.92 France 102.15 75.47…