UK Broadband Provider G.Network Enters Administration London-based full-fibre broadband provider G.Network has entered administration after building up around £300 million in debt. The company, which focused on rolling out high-speed fibre across parts of London, struggled...

[UK Sentinel]

London-based full-fibre broadband provider G.Network has entered administration after building up around £300 million in debt.

The company, which focused on rolling out high-speed fibre across parts of London, struggled to convert its large network build into enough paying customers to cover its costs. Despite passing hundreds of thousands of homes, customer numbers remained relatively low, putting severe pressure on finances.

G.Network, the London-focused full-fibre broadband provider served around 25,000 customers in and around the London Area.

https://britbrief.co.uk/tech/telecoms/g-network-broadband-provider-plunges-into-administration.html

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