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Broadband provider g network has collapsed into administration after racking up around £300million in debt. A broadband business set up to challenge bt is on the brink of collapse after its key investor said it was pulling the plug on funding. This guide explains what happened to defunct broadband providers, why they shut down, and how it impacted existing customers during the transition.
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A uk broadband provider officially entered administration this week. A “vulture fund” has plunged a london broadband provider into administration in a sign of deepening financial woes for smaller bt rivals. A distressed debt specialist has applied to appoint administrators to broadband provider g.network a week after taking over the business, in a move towards the first.
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The network operator has been acquired by distressed debt specialist fitzwalter capital after racking up. A uk broadband provider plunged into administration this week. G network was founded in 2016 and provides internet services to.
