KCOM
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Kcom, the former Kingston Communications, now owned by Macquarie, is making a second attempt to expand UK-wide from its base in Hull.
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Australian investor Macquarie and an unnamed sovereign wealth fund are talking to BT about taking an investment in Openreach, its last-mile fibre and copper company.
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KCOM has announced plans to invest £100 million to expand its full fibre broadband network.
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Shareholders in KCOM, the UK city of Hull’s independent telecoms company, meet this Friday to approve a £627 million takeover bid from Australian investor Macquarie.
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KCOM, a network and cloud-based services provider, has accepted a new offer for the sale of its business valuing it at £563 million.
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A pension fund is set to take over KCOM, the UK city of Hull’s independent telecoms company.