CityFibre gets £825 million more investment

Disruptive UK fibre player CityFibre has managed to raise another massive chunk of change in its bid to take on the incumbents.
Abu Dhabi sovereign wealth fund Mubadala and investment fund Interogo are between them chucking £825 million into the pot. Furthermore, perhaps on the back of the investment, CityFibre announced banks are prepared to lend it another £300 million. The money will go towards the target of covering a third of the country by 2025.
“This new capital will not