Private equity investors Warburg Pincus and KKR are each assessing potential divestments of their UK broadband fibre businesses, in a move that will test continued investor appetite for the country’s challenged “altnet” sector, according to a report by the Financial Times.
Warburg Pincus has appointed advisers and begun sounding out potential acquirers for Community Fibre, which currently connects around 450,000 customers. Market estimates from New Street Research suggest the London-based operat...
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