Rural UK Broadband Altnet Gigaclear Hunts Buyer to Tackle £1bn Debt

Rural UK Broadband Altnet Gigaclear Hunts Buyer to Tackle £1bn Debt

A new report has claimed that Abingdon-based broadband ISP Gigaclear, which has built a full fibre (FTTP) network across 612,000 premises in rural parts of England and is home to c.160,000 customers, have begun the process of hunting for a buyer as one of the preferred options for tackling their £1bn debt mountain. The provider, which back in 2010 took on the huge challenge of trying to expand FTTP across rural areas using a commercial approach,…