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Eurobites: CityFibre considers another stake sale to further fiber ambitions - Vimarsana News

Eurobites: CityFibre considers another stake sale to further fiber ambitions

Also in today's EMEA regional roundup: Vodafone talks up open RAN; Deutsche Telekom teams up on electric vehicle charging tech; what's Welsh for "your call is important to us"? CityFibre is to raise hundreds of millions of pounds to help fund its ambitious fiber rollout program by selling a minority stake in the company to a new shareholder, according to a report on Sky News. The UK alternative network provider, says the report, has appointed two investment banks to seek out a third heavyweight investor to join its two existing stakeholders, Goldman Sachs-backed West Street Infrastructure Fun...