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Broadband Firms’ Land Grab Backfired and Banks Are Selling Out | Collector
Broadband Firms’ Land Grab Backfired and Banks Are Selling Out
Bloomberg Tech

Broadband Firms’ Land Grab Backfired and Banks Are Selling Out

Banks with exposure to heavily-indebted broadband providers are selling their loans to distressed debt funds at a discount, a sign of their increasing weariness with the cash-strapped sector.

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