Announced
Completed
Financials
Sources
Tags
United Kingdom
ownership & operation of fibre optic network
building
Telecommunications infrastructure
Private
Single Bidder
Private Equity
Friendly
Acquisition
Completed
Cross Border
Minority
Synopsis
Mubadala, an investment company, completed an £300m investment in CityFibre, the UK’s largest independent Full Fibre platform. “Mubadala’s confidence in our business is testament to our growing momentum and progress. The need and appetite for carrier-neutral wholesale network competition at scale is clear, and CityFibre continues to demonstrate the benefits as a driver of wider investment, improved services and better value. With Mubadala’s continued support, we are well funded to deliver the UK’s finest Full Fibre network and help to level-up the UK,” Greg Mesch, CityFibre CEO.
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