Mubadala and Apollo to invest $500m in Brightspeed.

Mubadala, the Abu Dhabi sovereign investor, and Apollo, a global private equity firm, agreed to invest $500m in Brightspeed, a broadband and telecommunications services company. "Digital infrastructure is driving growth and development across all sectors of society, enabling people and economies to reach their full potential. As a responsible global investor, Mubadala sees huge opportunity in supporting Brightspeed's growth strategy in transitioning large swathes of the US to fiber connectivity and promoting digital equity and inclusion," Khaled Abdulla Al Qubaisi, Mubadala CEO.