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Macquarie wades back into British broadband as Boris goes for growth

Aug 06, 2019 - ICT Monitor Worldwide

Macquarie Group has taken a fresh punt on Britain's telecommunications infrastructure, announcing it would tip up to 30 million ($53.7 million) into niche wireless broadband player Voneus.

The capital injection, from Macquarie's advisory and funding arm Macquarie Capital, was unveiled less than a month after the financial services giant's asset management division snapped up regional British broadband provider KCOM for 627 million in a sharp bidding war.

And it comes as new British P...