Announced
Synopsis
Mubadala Investment Company has acquired a minority stake in UK-headquartered high-speed broadband provider Hyperoptic. Financial terms of the transaction were not disclosed. “We have been following Hyperoptic for the last couple of years and have been impressed by the impact they have had on the UK fibre market, taking a strong leadership, catalyst and disruptor role. We are excited to be joining the Hyperoptic team, providing substantial capital and balance sheet power as support for their clear vision for the future of the UK telecom market.” Mounir Barakat, Mubadala ICT Executive Director.
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