IQ Fiber’s network rollout costing more than it expected

Florida-based fibre builder IQ Fiber has announced a new $150 million cash injection from its biggest shareholder SDC Capital Partners to fund a network rollout that seems to be costing more than it had expected.
Naturally, the firm is pitching the receipt of follow-on equity funding in a positive light, talking up its plans to use the cash to get further with the first phase of its network deployment, through which it aims to reach 60,000 homes in the north east of the state by an unspecified d