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Fibernet, the telecoms network provider, is to be acquired by Global Crossing of the US for £50m. 28-Aug-2006 Fibernet has acquired ICG Interconnect, the German supplier of computer networks, for £1.8m. 22-May-2001 Fibernet is to raise £77m in a rights issue in order to fund the development of DSL services in the UK and a fibre-optic network in France. 24-Nov-2000 Fibernet and Redstone Telecom are considering plans to set up equipment outside BT exchanges to gain access to the local loop, and Fibernet has appointed a property company to find suitable sites. 31-Oct-2000 Fibernet has won approval to set up a nationwide fibre-optic network in France by the end of next year, including 28 regional co-location centres. 04-Oct-2000 Fibernet is planning a £25m rights issue in order to fund the expansion of its data communications business into France and Germany. 21-Oct-1999 Fibernet is planning to set up a fibre-optic network in a number of European countries through alliances and acquisitions. 29-Apr-1999 Fibernet, the computer network company, is considering the formation of an alliance with a larger telecommunications group that could result in it being taken over. 07-Nov-1998 Fibernet is raising £3m in a share placing to fund the expansion of its telecoms network, particularly in London. 20-Feb-1998
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