Apollo-backed Brightspeed seeks up to $3B from creditors for fibre
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Summary
Brightspeed, a US fibre broadband provider owned by Apollo, is in talks with creditors to raise $2B to $3B of new money, Bloomberg reports. It has about $10B of debt, has warned about its survival, and may file for bankruptcy as soon as December. Brightspeed, an Apollo-backed US fibre broadband provider, is in talks to […] This story continues at The Next Web
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