Announced
Completed
Synopsis
CityFibre, the UK's largest alternative provider of wholesale fibre network infrastructure, completed the acquisition of FibreNation, a full fibre broadband provider, from TalkTalk Telecom, a company which provides pay television, telecommunications, Internet access, and mobile network services to businesses and consumers in the United Kingdom, for £200m. "CityFibre's ambitions to take forward our hard work with FibreNation over the last five years, should take us a step closer to that fully connected Britain. The sale of FibreNation to CityFibre, in combination with a competitive wholesale agreement, enables us to continue our strategy to accelerate TalkTalk's fibre growth for our residential and business customers, thereby delivering a superior customer experience at an affordable price," Tristia Harrison, TalkTalk CEO.
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