A month after securing the winning bid, Macquarie Infrastructure and Real Assets (MIRA) has successfully purchased KCOM for £627 million ($761 million).
Located in the Hull and East Yorkshire region of the United Kingdom, KCOM is one of the longest-established telecommunications companies in the United Kingdom, according to Digital TV Europe.
Together the companies will work to increase fiber accessibility and reduce digital exclusion in the region, according to Leigh Harrison, head of MIRA EMEA. “By investing to develop and expand KCOM’s networks, we hope to deliver the infrastructure that will underpin growth and innovation in East Yorkshire.”
KCOM had initially decided to sell to Humber Bidco, a British pension fund managed by Universities Superannuation Scheme (USSL) However, in July, the company selected Macquarie Infrastructure Fund 6 (MEIF 6) as the winner.
