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Telecoms warns of investment freeze under Labour plan [FT.com - Mergermarket]

Liberty Global Ltd. - Class A Common Shares (LBTYA)  More Company Research Source: FT.com - Mergermarket
Last liberty global ltd. - class a common shares earnings: 11/7 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: libertyglobal.com/ir.html
Telecoms sector warns of investment freeze under Labour’s plans | Financial Times Nic Fildes Jim Pickard Attracta Mooney November 15, 2019 Print this page Britain’s telecoms industry has warned of an investment freeze in the wake of Labour’s plan to nationalise BT’s Openreach CityFibre, a Goldman Sachs-backed telecoms group, was this week due to announce a fresh £1.5bn investment in its full fibre broadband network, adding another 3m homes in smaller cities and towns. It has shelved the investment until after the election, according to a person with knowledge of the plans,. Other telecoms companies have paused efforts to secure the supplies and workers needed to upgrade networks. Labour plans to spend £20bn on a full fibre upgrade and offer high speed broadband across the for free “It’s lunacy,” said one chief executive of the disruptive effect of Labour’s plan at a time when the industry players such as Virgin , CityFibre and BT itself are spending billions of pounds to to upgrade t [Read more]
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Telecoms warns of investment freeze under Labour plan [FT.com - Mergermarket]

Liberty Global Ltd. - Class A Common Shares  (LBTYA) 
More Company Research Source: FT.com - Mergermarket
Last liberty global ltd. - class a common shares earnings: 11/7 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: libertyglobal.com/ir.html
Telecoms sector warns of investment freeze under Labour’s plans | Financial Times Nic Fildes Jim Pickard Attracta Mooney November 15, 2019 Print this page Britain’s telecoms industry has warned of an investment freeze in the wake of Labour’s plan to nationalise BT’s Openreach CityFibre, a Goldman Sachs-backed telecoms group, was this week due to announce a fresh £1.5bn investment in its full fibre broadband network, adding another 3m homes in smaller cities and towns. It has shelved the investment until after the election, according to a person with knowledge of the plans,. Other telecoms companies have paused efforts to secure the supplies and workers needed to upgrade networks. Labour plans to spend £20bn on a full fibre upgrade and offer high speed broadband across the for free “It’s lunacy,” said one chief executive of the disruptive effect of Labour’s plan at a time when the industry players such as Virgin , CityFibre and BT itself are spending billions of pounds to to upgrade t [Read more]
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