business news

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

PXC partners with ISPA

After separating from TalkTalk, PXC has been on a mission to become the leading wholesale and aggregator platform, in the UK, with a strong focus on bringing alternative network footprints, to resellers and ISP’s, both in the consumer and B2B arena. They’ve built a solid fibre marketplace, partnering with CityFibre, MS3, Freedom Fibre, Community Fibre, … Read more

Redcentric and Talk Straight Leverage The Fibre Café Platform for Strategic Expansion

The Fibre Cafe has today announced that UK B2B ISPs Redcentric and Talk Straight are the latest to join their solution in a move that enables both companies to leverage the platform’s unified interface into the UK’s growing FTTx ecosystem, gaining a strategic advantage and unlocking new opportunities in the wholesale market. Together, Talk Straight … Read more

80% of properties in Stoke-on-Trent can now access full fibre, thanks to LilaConnect and the Silicon Stoke Prospectus

LilaConnect has now passed 80% of premises in Stoke-on-Trent, equating to 103,784 residential and commercial properties across the city! This means that every one of those properties can now access superfast full fibre. They have been working alongside the government as part of the Silicon Stoke Prospectus. Originally published in 2021, Stoke-on-Trent City Council (SoTCC) … Read more

Richard Tang Latest Interview: Katie Milligan (Chief Commercial Officer, Openreach)

The latest interview, led by Richard Tang (CEO of Zen Internet), is with Katie Milligan, CCO at Openreach. In the latest interview, key insights emerged regarding the importance of diversity in leadership within the tech industry. Katie discussed in detail how the need for more women in tech and leadership roles and how achieving a … Read more

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