rickyuk
Casual Member
I just seen this article in today’s Telegraph. I hope it’s not gonna start some alpha male style toxic debate. Sharing it because it’s hot off the press and a very interesting read.
A leading challenger to BT has revealed surging losses as rising interest rates pile pressure on its debt-fuelled broadband network rollout.
Cityfibre, which aims to connect 8m homes with fibre-optic cables by 2025, reported an operating loss of £210m for last year, nearly double 2021’s £114m.
[Admin Note: Copy and pasting an entire article from another site is technically copyright theft. I've erased most of the paragraphs and visitors can read the original here: https://www.telegraph.co.uk/busines...nger-cityfibres-losses-nearly-double-to-210m/]
A leading challenger to BT has revealed surging losses as rising interest rates pile pressure on its debt-fuelled broadband network rollout.
Cityfibre, which aims to connect 8m homes with fibre-optic cables by 2025, reported an operating loss of £210m for last year, nearly double 2021’s £114m.
[Admin Note: Copy and pasting an entire article from another site is technically copyright theft. I've erased most of the paragraphs and visitors can read the original here: https://www.telegraph.co.uk/busines...nger-cityfibres-losses-nearly-double-to-210m/]
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