A fibre broadband provider controlled by the giant US investor Oaktree Capital Management is exploring a merger with one of its 'altnet' rivals amid growing pressure to consolidate.
Zzoomm, which is based on Henley-on-Thames, Oxfordshire, has connected roughly 100,000 domestic and business premises since its launch. Last month, Sky News revealed that Virgin Media O2 and its shareholders are also exploring a bid for Trooli, which could be worth in the region of £100m.
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