GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
Italian consortium acquiring Esso fuel stations in strategic financial deal - Global Banking & Finance Review
The image depicts the acquisition of Esso's 1,200 fuel stations by an Italian consortium, highlighting the strategic impact on Italy's fuel distribution network.
Finance

Warburg Pincus and KKR tap buyers for UK broadband businesses, FT reports

Published by Global Banking & Finance Review

Posted on June 10, 2026

1 min read

· Last updated: June 10, 2026

Add as preferred source on Google

Warburg Pincus and KKR tap buyers for UK broadband businesses, FT reports

Private Equity Firms Consider Sale of UK Fibre Broadband Assets

Correction Notice

(Corrects media packaging code and text to specify that companies are looking to sell two different businesses, not one)

Report Details

Exploration of Sales

June 10 (Reuters) - Private equity firms Warburg Pincus and KKR are exploring sales of their UK fibre broadband businesses, the Financial Times reported on Wednesday.

Verification Status

Reuters could not immediately verify the report.

Editorial Information

Reporting

Byline

(Reporting by Ruchika Khanna in Bengaluru; Editing by Sonia Cheema)

Key Takeaways

  • Warburg Pincus and KKR are exploring sales of their UK full‑fiber broadband businesses such as Community Fibre, according to the Financial Times, though Reuters has not independently confirmed the report (telecoms.com).
  • The UK fibre broadband market is undergoing rapid consolidation as altnets face increasing competition, rising costs, and dwindling capital access; many operators are compelled to merge, sell, or exit (kpmg.com).
  • Community Fibre, backed since 2020 by Warburg Pincus (and DTCP), has grown significantly—reaching over 1.3 million premises passed and 400,000 customers by late 2025—but broader sector headwinds are prompting private equity to consider exit strategies (en.wikipedia.org).

References

Frequently Asked Questions

Which companies are considering selling their UK broadband businesses?
Private equity firms Warburg Pincus and KKR are exploring sales of their UK fibre broadband businesses.
What is the name of the UK broadband business mentioned in the report?
The broadband business mentioned is Community Fibre.
Which publication reported on the potential sale of these broadband businesses?
The Financial Times reported on the potential sales, as cited in the article.
Was Reuters able to independently verify the report?
No, Reuters could not immediately verify the report.

Tags

Related Articles

More from Finance

Explore more articles in the Finance category