business news

CityFibre Annouces Sale Of Lit Fibre Customers

CityFibre has announced the sale of Lit Fibre’s consumer ISP back to its original founders, Tom Williams and Ben Bresler. This move ensures Lit Fibre’s customers across multiple UK regions will keep enjoying ultrafast broadband services and enables Lit Fibre to leverage CityFibre’s extensive national platform to deliver speeds up to 2.5Gbps. With Lit Fibre’s … Read more

nexfibre’s Quarterly update shows 1,557,000 Premises Passed!

nexfibre has released its quarterly update, showing that as of September 30th, they’ve reached over 1.5 million properties passed. Considering nexfibre was established in January 2023, reaching this figure in such a short time gives us confidence that they’re on track to meet their ambitious target of 5 million properties passed by 2026. In December 2023’s … Read more

Netomnia/brsk Hits 190,000 Connected Customers

Netomnia released a sneak peek into their Q3 results, showcasing some impressive stats. With the merger of Brsk, the group is now building and connecting at outstanding rates, connecting over 40,000 customers in one quarter and passing 258,000 premises. To put that figure into perspective, many altnets have yet to reach 250,000 properties passed in … Read more

AllPoints Fibre Acquires Glasgow Based Brillband

AllPoints Fibre Networks (APFN) has acquired Brillband, a Glasgow-based full-fibre provider known for its customer-first, digital-first approach. Operating as an independent brand under the APFN Group, Brillband will expand nationally via APFN’s open-access wholesale platform. CEO Duncan Di Biase remains at the helm, with Jarlath Finnegan, APFN and Cuckoo Fibre’s Group CEO, stepping in as … Read more

Brsk To Roll Out Full Fibre to 10,000 rural West Yorkshire premises

Brsk has announced that it is expanding its network to connect rural areas in West Yorkshire with high-speed full-fibre services. Around 10,000 premises across Denholme, Haworth, Crossroads, Wilsden, and Cullingworth will gain access to speeds of up to 2Gbps, addressing the limited and costly broadband options currently available. Regional Head Darryl Nieuwenhuizen said: “We have … Read more

Richard Tang Interviews wail Sabbagh, CEO Of Strategic Impertives/The Fibre Café

Does Fibre Café Have a Future After the Big Alt-Net Consolidation? Founder Wail Sabbagh Says Yes! With the anticipated consolidation of alternative networks, some might question Fibre Café’s relevance. However, Wail Sabbagh, Founder and MD of Strategic Imperatives, sees it differently. He describes Fibre Café not just as an aggregation tool but as a unified … Read more

Community Fibre Gains Additional £125M, Taking Total Investment to £1.1 Billion

Community Fibre has secured a new £125 million financing facility arranged by JP Morgan, Barclays, LBBW, SIMCo, and Alpha Bank, raising the company’s total investment to £1.1 billion. This milestone comes as Community Fibre, which builds and owns a 100% full-fibre network across London, became EBITDA positive in April 2024. With a rapid rise from … Read more

Netomnia Gains An Additional £25M From NWF

The National Wealth Fund (NWF) has stepped up its commitment to Netomnia with an additional £25 million loan, enhancing a previous £75 million loan from the UK Infrastructure Bank. This brings NWF’s total support to £100 million for Netomnia’s ambitious expansion of its high-speed broadband network. So far, this funding has connected over 100,000 premises, … Read more

Ofcom to Retire NoT+ as One Touch Switching Gains Ground

Today, Ofcom released a letter confirming they are gearing up to finalize the transition from the old Notification of Transfer (NoT+) system to the new One Touch Switching (OTS) process for consumer broadband and phone switching. The OTS, managed by the industry-led One Touch Switching Company (TOTSCo), was launched in September 2024 to simplify provider … Read more

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