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Broadband

Virgin Media's parent company plans JV to build UK fibre network outside urban areas – report

Monday 22 July 2019 | 10:15 CET | News
Cable group Liberty Global has appointed investment bank LionTree to form a joint venture that will invest in a full fibre network covering selected areas of the UK, reports the Financial Times citing people with direct knowledge of the plan. Still at an early stage, talks with infrastructure funds aim to establish a new company that will expand the current reach of Liberty Global's subsidiary Virgin Media, bringing full fibre access to a footprint of 2 million households or more, outside densely populated urban areas.

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Categories: Fixed
Companies: Liberty Global / Virgin Media
Countries: United Kingdom
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