Connectus is investing an additional £500,000 at Doncaster Airport Business Park, which will allow the company to expand its work in and around the site’s Innovation Centre that includes 140 business units for start-ups and expanding businesses.
Tue, 26/07/2022 - 13:32
Gigaclear is reportedly working with Rothschild to raise between £200m and £300m of capital, according to an article from Sky News.
The altnet passed the 300,000-premise milestone in May and recently secured PTC status with Openreach.
Gigaclear is currently backed by Infracapital following a £270m takeover back in 2018. The target has since been to hit 500,000 premises by the end of 2023.
This capital raise could comprise a combination of debt and equity and would allow Gigaclear to add further scale, perhaps expanding this target.
