Aberdeen Investment Group Suffers £200M Loss from Broadband Provider Collapse

The failure of alternative broadband provider Airband has resulted in a significant financial hit for Aberdeen, highlighting ongoing distress in the indebted altnet sector.

28 Aug, 10:28 — 28 Aug, 10:28

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FTVery High13d ago

Aberdeen takes £200mn hit on failure of UK broadband provider

Sale of Airband to Macquarie-backed rival is latest sign of distress in indebted ‘altnet’ sector

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Aberdeen Investment Group Suffers £200M Loss from Broadband Provider Collapse

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Aberdeen takes £200mn hit on failure of UK broadband provider

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