Siro Secures €125M Debt Investment To Help Fund Network Expansion

Nov 15, 2021•about 4 years ago

Amount Raised

€125 Million

Description

Broadband provider Siro has secured a €125 million debt investment from Macquarie Asset Management to help finance the expansion of its fibre-to-the-home (FTTH) network.

Company Information

Company

Siro

About

However, because of the high cost involved of rolling out fibre-optic cables, the company made an after-tax loss of €28 million for the 12 months to the end of December 2020.

Funding Insights

Based on industry data

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Siro Secures €125M Debt Investment To Help Fund Network Expansion

Description

.css-1v6jzuu{--tw-text-opacity:1;color:rgba(75, 85, 99, var(--tw-text-opacity));}Company Information

Funding Insights

Company Information