Mubadala Investment Company, Abu Dhabi’s sovereign wealth fund, agreed to take a minority stake in Hyperoptic. The deal is expected to close by the end of this year, according to people familiar with the matter. The initial cities to benefit from this DPA approach will include Greater London, Manchester, Glasgow, Edinburgh, Liverpool and Leeds in 2019. 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.
Mubadala Investment Company, Abu Dhabi’s sovereign wealth fund, agreed to take a minority stake in Hyperoptic. The deal is expected to close by the end of this year, according to people familiar with the matter. 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.