Growth
Zzoomm has reached 15% market penetration in the towns of Penistone, Sherburn-in-Elmet, Sandbach, and High Green & Chapeltown, despite these networks being newly established. Recently, the company celebrated 20%+ penetration in several other towns, including Hereford and Thirsk, demonstrating its rapid uptake. As we know, a penetration rate of 20% is celebrated within the industry, … Read more
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
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
Lightning Fibre, the Eastbourne-based full-fibre provider, recently connected its first customer in Worthing, marking an expansion into West Sussex. Founded in 2018, the company uses its own FTTP infrastructure alongside third-party networks to serve East Sussex and Kent. Known for reliability and fast symmetric speeds, Lightning Fibre won the ISPA Award for Best ISP in … Read more
Quickline has just unlocked gigabit-capable broadband for an additional 4,500 homes and businesses across rural West Yorkshire and York. This is part of the £60 million Project Gigabit contract, targeting hard-to-reach areas that are typically overlooked due to location costs. With over 28,000 properties set to benefit from the project in total. Beyond connectivity, they’re … Read more
Zzoomm, now delivers its full fibre services to 20% of properties in Northallerton, achieving this milestone in just 19 months. This success follows their recent announcement of reaching over 30,000 contracted customers nationwide and making more than 200,000 properties ready for service. This marks a 15% uptake on their network, which has been available for … Read more
Eastbourne-based full fibre Internet Service Provider (ISP) Lightning Fibre has officially connected its first customer in Brighton and Hove! Now, residents in Brighton and Hove, Worthing, and Lancing can place orders for full fibre broadband. Lightning Fibre operate their own full fibre network in areas like Eastbourne, Hastings, Hailsham, Heathfield, and more. Recently, they’ve teamed … Read more
Ogi, Wales’s leading “altnet” for full fibre, has secured a £45m financing package from Cardiff Capital Region (CCR) and additional equity from its primary shareholder, Infracapital. This funding will support Ogi’s expansion across the ten local authority areas in CCR, where the company already has a strong presence. Ogi’s high-capacity network, crucial for cloud computing, … Read more
Residents of Stockton on the Forest are celebrating as the rollout of full fibre broadband begins in their Yorkshire village. A total of 377 properties, previously hindered by slow internet speeds, now have access to ultrafast connectivity with speeds reaching up to 1000Mbps thanks to Fusion Fibre. This significant upgrade comes as a result of … Read more
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