{"id":1031914,"date":"2026-08-29T07:56:14","date_gmt":"2026-08-29T02:26:14","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1031914"},"modified":"2026-08-29T08:04:27","modified_gmt":"2026-08-29T02:34:27","slug":"aberdeen-fund-to-take-271-million-hit-after-broadband-provider-airbands-collapse","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/08\/29\/aberdeen-fund-to-take-271-million-hit-after-broadband-provider-airbands-collapse\/","title":{"rendered":"Aberdeen fund to take $271 million hit after broadband provider Airband&#8217;s collapse"},"content":{"rendered":"<p>British asset manager Aberdeen will take an about \u00a3200 million ($271.72 million) hit to one of its infrastructure funds following the collapse of UK broadband provider Airband, a source familiar with the matter said on Friday. <\/p>\n<p>&#8220;Following a disciplined review of future funding requirements and risk-adjusted return prospects, we made \u200cthe difficult decision \u2060to cease \u2060further funding,&#8221; an Aberdeen spokesperson said. <\/p>\n<p>Aberdeen declined to comment on the size \u200bof the write-off.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>British asset manager Aberdeen will take an about \u00a3200 million ($271.72 million) hit to one of its infrastructure funds following the collapse of UK broadband provider Airband, a source familiar with the matter said on Friday. &#8220;Following a disciplined review of future funding requirements and risk-adjusted return prospects, we made \u200cthe difficult decision \u2060to cease \u2060further funding,&#8221; an Aberdeen spokesperson said. Aberdeen declined to comment on the size \u200bof the write-off.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,60,10],"tags":[],"class_list":["post-1031914","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1031914","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1031914"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1031914\/revisions"}],"predecessor-version":[{"id":1031941,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1031914\/revisions\/1031941"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1031914"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1031914"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1031914"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}