Community Fibre
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Community Fibre, which is building fibre networks in London and the south-east of England, has raised £985 million in loans, on top of the £400 million announced two years ago. -
Across the UK, local ventures – some funded by private equity, others by the community – are in a race with BT’s Openreach unit to connect rural homes to full fibre broadband. by Alan Burkitt-Gray
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Community Fibre has made its first move outside London by taking a majority stake in Box Broadband, operating in Surrey and West Sussex, to the south-west of the UK capital.
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The number of UK households without an internet connection has almost halved in the year since the pandemic began.
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Fibre operators in the UK have welcomed today’s statement by the telecoms regulator, Ofcom, on its plans for the fixed wholesale market.
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London wholesale fibre company G.Network has raised over £1 billion in equity and loans to expand its network.
Forthcoming events
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Telcos might give stable returns on long-term infrastructure, but stock markets don’t seem to like the industry, writes Alan Burkitt-Gray. That’s why private equity investors and pension funds are stepping in
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London-based telco Community Fibre is to start offering symmetric 3Gbps direct connections to customers’ homes across most of its network.
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After four years with Sunrise in Switzerland, Olaf Swantee is now heading a company with an ambitious target to fibre up London. Alan Burkitt-Gray asks him about his vision
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Warburg Pincus’s £400 million investment in a London-based fibre company should be complete by the end of August.
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New owner of a London-based alternative fibre company backed by Deutsche Telekom has recruited Olaf Swantee, former CEO of Orange, EE and then Sunrise, as its executive chairman.
