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Sky News has learnt that Broadway Partners, which launched in 2016, has called in administrators after its balance sheet was hit by soaring costs and rising interest rates.
Sky News has learnt that a consortium comprising Tiger Infrastructure Partners and Macquarie, the Australian banking giant, is close to acquiring Broadway Partners out of administration.
Alternative network operator Broadway Partners, which is supported by sibling UK ISP Broadway Broadband and had been aspiring to deploy their own gigabit-capable Fibre-to-the-Premises network across rural parts of Scotland and Wales, has called in the administrators.
Broadway Partners, a UK alternative network (altnet) broadband provider specializing in delivering full fibre access to rural areas in Scotland and Wales, has entered administration. The task of preparing the business for a potential sale will be undertaken by administrators from Teneo Financial Advisory.
UK ISP Voneus, which is deploying gigabit-capable wireless (FWA) and full fibre (FTTP) broadband networks across rural parts of England and Wales, has today announced that SWS Broadband and Cadence Networks are being merged into their operations. On top of that, they’ve acquired Broadway Partners from administration.
Broadway Partners had been hoping to deploy its own full fibre broadband (FTTP) to homes in mid and west Wales. Some residents in Carmarthenshire are now seeking urgent clarity on the...
Sky News has learnt that Broadway Partners, which launched in 2016, has called in administrators after its balance sheet was hit by soaring costs and rising interest rates. The company had set an...
Broadway Partners has secured £145 million to deliver full fibre broadband to rural areas across Scotland and Wales, UK. Aiming to become the "natural alternative provider" in its chosen locations, Broadway secured the funding from Downing LLP, which manages assets worth £1.4 billion.
The administrators for troubled UK network operator Broadway Partners (Broadway Broadband), which had been building fixed wireless and full fibre ISP networks across rural parts of Scotland and Wales, have published their first report and revealed that several interested parties have bid for the business.
Broadway Partners, a UK alternative network (altnet) broadband provider focused on delivering full fibre access across rural areas of Scotland and Wales, has fallen into administration. Administrators from Teneo Financial Advisory will now seek to prepare the business for a sale.