Private equity firms KKR and Warburg Pincus are considering offers for their respective UK fiber broadband businesses.
As reported by the Financial Times, Warburg has hired bankers and approached potential suitors for London-based UK ISP Community Fibre, while KKR has made contact with potential buyers for its broadband provider Hyperoptic.
– Hyperoptic
Community Fibre serves around 450,000 customers, while Hyperoptic has more than 400,000 customers.
Both KKR and Warburg have even considered a merger of the two companies, reported the FT, though neither private equity firm is in a rush to do any deal.
