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Broadband

Gigaclear raises GBP 111 million in new investment

Friday 5 May 2017 | 09:50 CET | News
UK fibre operator Gigaclear has announced that is has raised GBP 111 million in additional equity funding to expand its FTTH network across rural areas of the country. The new capital was mainly raised from existing shareholders Infracapital (GBP 60 million) and Woodford (GBP 15 million), joined by new institutional investor RPMI Railpen (the investment manager for the Railways Pension Scheme), which committed GBP 35 million.

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Categories: Fixed
Companies: Gigaclear
Countries: United Kingdom
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