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.
Show Details & Financials
Did you work on this deal?
Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.