investment
Great news for G.Network! London’s full fibre broadband provider has secured an additional £85 million in funding from its long-term equity investor, USS. This investment reflects G.Network’s progress in its mission to create a better-connected London. The company is hitting its targets, driving average revenue per user (ARPU) towards £50, thanks to its dense mix … Read more
Netomnia and Brsk, two of the fastest-growing altnets, have just announced a merger to establish a capital-efficient retail, wholesale and consolidation platform. Huge news! And as you’ll read on, some huge statements are being made too… To start, both networks have had success from both a build perspective and a penetration perspective. As it stands, combined, the two … Read more
Some exciting news in the industry today… BeeBu has announced its launch into the UK market! We’ve seen a few newcomers launch this year, but nothing on this scale (so you can see why I’m extra giddy). Here’s what you need to know: The brand is pretty on point. Modern, fresh, speaks to a young … Read more
More funding supplied to Quickline Communications from the Project Gigabit Scheme! has clinched its second contract under the government’s ambitious £5 billion Project Gigabit initiative. This latest achievement firmly establishes Quickline as one of the select few providers across England with multiple Project Gigabit contracts. Covering over 60,000 premises and backed by over £104 million … Read more
Freedom Fibre is making waves again, this time with the launch of the Freedom Fund, a community initiative aimed at supporting good and green projects throughout North Shropshire. With a hefty £25,000 set aside, this fund is slated to inject much-needed resources into local initiatives. Opening its doors for applications on Friday, 05 April 2024, … Read more
Gillian and Jeff Bailey, residents of Martin in Hampshire, are among the first in the New Forest to experience the lightning-fast benefits of ultrafast full fibre broadband courtesy of Wessex Internet, all thanks to Project Gigabit, the government’s initiative aimed at bringing top-spee full fibre broadband to remote communities. With a chunky £14 million investment … Read more
Wessex Internet clinches an £18 million government-backed Project Gigabit deal to bring lightning-fast connectivity to approximately 14,500 residences and enterprises in South Wiltshire. Rural South Wiltshire is set to undergo a digital revolution with the signing of a significant contract aimed at upgrading the county’s network as part of Project Gigabit—a £5 billion government initiative … Read more
Up to now, abrdn has allocated over £200 million to the improvement of Airband’s offering. Airband currently reaches around 315,000 premises, and it has over 230,000 premises that are “Ready For Service” (can be connected), in seven counties in the West of England, including Devon, Somerset, Oxfordshire, Cheshire, Shropshire, Herefordshire, & Wales. Airband has connected … Read more
Quickline Communications, a leading rural broadband firm, has landed a major contract as part of the government’s £5bn Project Gigabit initiative. The deal allows the business to deliver a full fibre network to more than 28,000 rural homes and businesses, including some of the hardest-to-reach communities in North and East Yorkshire and West Yorkshire and … Read more
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