A curious case of Karoo and kangaroo?
I liked this bit of the market release-
The acquisition of KCOM represents an attractive opportunity for MIRA, via MEIF 6 Fibre, given KCOM's strong position in the market and community in which it operates.
Which has always been the odd quirk with KCOM, ie it's monopoly for services in and around Hull, thanks to a bit of history and avoiding being swallowed by the Post Office, and then BT.. Which left the ability to sweat the assets for that bit of the UK, but then run smack into BT and the usual suspects when it tries to expand beyond it's franchise area. Which lead to some fun times when UK network designs ended up including connections into their turf. I've often wondered why it's been allowed to retain it's monopoly, and if that will continue. Macquarie state they plan to improve wholesale offerings, but that's always been the PITA when trying to integrate their bits.