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UK's CityFibre secures $3 bln to invest in network, M&A
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UK's CityFibre secures $3 bln to invest in network, M&A
Jul 13, 2025 11:53 PM

LONDON, July 14 (Reuters) - British fibre broadband

network CityFibre said on Monday it had agreed 2.26 billion

pounds ($3.04 billion) of finance from its shareholders and

existing lenders to fund network investment and acquire smaller

rivals.

Shareholders Infrastructure at Goldman Sachs Alternatives

, Antin Infrastructure Partners, Mubadala

Investment Company and Interogo Holding would provide 500

million pounds in new equity, it said, alongside a 960 million

pound expansion of its existing debt facilities.

It said it had also agreed a further 800 million pound loan

facility to fund acquisitions as it drives consolidation.

CityFibre, which operates Britain's third largest broadband

network after BT and Virgin Media O2 ,

said the new financing would "supercharge" its next phase of

growth.

($1 = 0.7430 pounds)

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