investment

Rotherham Anticipates Almost Half a Billion Pound Economic Boost from Full Fibre Investment

October 14, 2023April 27, 2023 Jonny Rae

A recent report commissioned by CityFibre, the UK’s largest independent full fibre platform, reveals that Rotherham is poised to enjoy substantial economic advantages following the implementation of a faster and more reliable full fibre network. The study, conducted by the consultancy firm Hatch, assesses the economic impact of CityFibre’s £29 million investment in Rotherham. Over … Read more

Worcester Anticipates Economic Boost of £214 Million from CityFibre Rollout

October 14, 2023April 24, 2023 Jonny Rae

A recent report commissioned by CityFibre, the UK’s largest independent full fibre platform, reveals that Worcester is poised to enjoy substantial economic benefits from the deployment of a faster and more reliable full fibre network. The study, conducted by the consultancy firm Hatch, assesses the economic impact of CityFibre’s £21 million investment in Worcester. Over … Read more

£66 Million Boost Transforms Broadband Access for Essex Residents and Businesses

October 17, 2023March 27, 2023 Jonny Rae

Essex, United Kingdom – Openreach, the UK’s leading digital network provider, has achieved a significant milestone in enhancing broadband access for residents and businesses across Essex. This £66 million investment has already enabled more than 220,000 homes and enterprises in the region, accounting for approximately 33% of the total, to access ultrafast broadband services, positioning … Read more

CityFibre Showcases Full Fibre Progress to MP Robin Walker in Worcester

October 15, 2023March 22, 2023 Jonny Rae

As the construction of Worcester’s full fibre network progresses, CityFibre, the UK’s largest independent full fibre platform, hosted a tour for Robin Walker MP, providing an in-depth look at the ongoing £21 million city-wide project in Cathedral Ward. During the visit, CityFibre representatives, in collaboration with build partner Kier, introduced Mr. Walker to the concept … Read more

FullFibre Initiates Community Investment Fund to Enhance Digital Connectivity in Targeted Towns

October 30, 2023March 22, 2023 Jonny Rae

FullFibre, a leading provider of high-speed fibre-optic broadband, has unveiled a Community Investment Fund, aiming to foster digital connectivity within the towns where it is actively building its network. The fund is intended to support local charities and organizations in their projects geared towards enhancing community prosperity and growth. The Community Investment Fund has a … Read more

Project Gigabit Contract Unleashes Major Expansion of CityFibre’s Networks Across Cambridgeshire

October 30, 2023March 21, 2023 Jonny Rae

CityFibre has secured a substantial £69 million contract under the UK government’s £5 billion Project Gigabit initiative, aimed at supporting the rollout of ‘gigabit capable’ infrastructure to rural areas that wouldn’t otherwise receive commercial broadband expansions. The contract will subsidize a £122 million rollout of CityFibre’s wholesale full fibre platform, benefitting up to 45,000 rural … Read more

Netomnia & YouFibre Secure £230 Million in Funding for Network Expansion

October 30, 2023March 17, 2023 Jonny Rae

Netomnia, a rapidly growing alternative broadband provider, has successfully secured £230 million in committed debt financing through a funding round led by a consortium of prominent financial institutions including HSBC UK, ING, NIBC, RBC, Standard Chartered, and UKIB. The financing deal also includes an accordion for potential future funding, further bolstering the growth prospects of … Read more

CityFibre Commences £10 Million Full Fibre Investment in Newark

October 15, 2023March 14, 2023 Jonny Rae

CityFibre, the UK’s largest independent full fibre platform, has initiated a £10 million infrastructure rollout in Newark, aimed at providing full fibre connectivity to nearly every home and business in the town. This comprehensive project is set to future-proof Newark’s digital infrastructure for generations to come. Construction of the town-wide full fibre network is underway, … Read more

Aberdeen to Experience Economic Boost from CityFibre’s Full Fibre Rollout

October 15, 2023March 13, 2023 Jonny Rae

Aberdeen is poised to reap significant economic benefits from CityFibre’s ongoing full fibre infrastructure rollout, according to a report commissioned by the UK’s largest independent full fibre platform. The study, conducted by the consultancy Hatch under the title “Economic Impact of Full Fibre Infrastructure from CityFibre’s Network,” estimates that over a fifteen-year period, CityFibre’s £59 … Read more