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BT slumps as CityFibre said to near investment deal with Abu Dhabi fund

Published by Michele Maatouk on 23rd August 2021

(Sharecast News) - BT shares slumped on Monday as it emerged that CityFibre, a challenger to its Openreach network, was set to secure a £500m investment from a consortium including Abu Dhabi's sovereign wealth fund to help bolster its ultra-fast broadband roll-out.

URL: http://www.digitallook.com/dl/news/story/32074607/...

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