Mubadala Investment Company , Abu Dhabi ’s sovereign wealth fund , agreed to take a minority stake in it . Details of the amount invested were not disclosed , however the UK based group has sign it plans to invest £ 500 m ( $ 150 m ) over the next three years , including £ 250 m of capital raised earlier in the year . It said It plans to have its full fibre network in more than two million homes by 2021 and five million by 2024 , a year earlier than previously forecast .
Mubadala Investment Company, Abu Dhabi’s sovereign wealth fund, agreed to take a minority stake in Hyperoptic. Details of the amount invested were not disclosed, however the UK telecoms group has sign it plans to invest £500m ($655m) over the next three years, including £250m of debt raised earlier in the year. Hyperoptic said It plans to have its full fibre network in more than two million homes by 2021 and five million by 2024, a year earlier than previously forecast.