Liberty Broadband goes tits up

Liquidators called in

Around a dozen jobs could go at Liberty Broadband - formerly known as Tele2 UK - after liquidators were called into the company just before Christmas.

Customers of the fixed wireless broadband outfit are continuing to be supported while liquidators look for a buyer. A couple of interested parties are understood to be interested in taking over the business.

However, a decision on the company's future is unlikely to be known until the end of the week.

Two months ago the business appeared to have secured its future after receiving backing from a group of private investors. There was even talk of growing the business by increasing the customer base and developing new lines of business. ®

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