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Broadband Firms’ Land Grab Backfired and Banks Are Selling Out
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Broadband Firms’ Land Grab Backfired and Banks Are Selling Out

Bloomberg Tech · Jun 9, 2026, 6:15 AM

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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