
Broadband firm G.Network seeks investor connections
An ultrafast broadband provider which targets affluent parts of Central London is hunting a massive funding boost amid a government-led effort to accelerate the rollout of high-speed internet services across the UK.Sky News has learnt that G.Network, which is privately owned, has hired investment bankers from Rothschild to court new backers during the coming months. Sources said on Sunday that G.Network was expected to seek approximately £200m from the sale of new shares, with hundreds of millions of pounds raised from private debt markets.The scale of the likely fundraising underlines the rapacious landgrab taking place among full-fibre broadband providers as they seek to establish their services in an increasingly competitive market.G.Network's planned financing has emerged days after Ci...