Announced

USS to invest £295m in G.Network.

Synopsis

USS, a pension scheme in the United Kingdom, agreed to invest £295m in G.Network, an Internet service provider in London. "High speed, reliable connectivity is critical to the home and work lives of Londoners. That’s why G.Network is undertaking a fundamental upgrade of the capital’s telecoms infrastructure from copper to fibre. We are rebuilding London’s broadband from the fibre up, bringing first-class connectivity to residents and businesses without expecting them to pay more. We’re very pleased to be working with USS, Cube and our banking partners on this project, and look forward to many years of successful partnership," Sasho Veselinski, G.Network CEO.

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