Orbital Net (Orbital Internet Group) has appointed John Slingsby as new Chief Financial Officer, bringing extensive financial and leadership experience to further support growth objectives, which were recently fuelled by the acquisition of ClubWifi.
News
A new economic impact report claims that Fibrus has contributed £431m to the Northern Ireland economy since beginning operations in 2020, thanks to a government-backed initiative.
Netomnia has raised £160m in junior debt from I Squared Capital and Palistar Capital, a significant investment that builds on an £880m senior debt commitment, bringing total funding support to £1.04 billion.
Netomnia has released the Group’s Q1 2025 results, celebrating what it describes as “a milestone quarter”, and one that has seen strong growth across the board.
A nationwide survey of UK farmers commissioned by CityFibre has revealed that poor internet connectivity threatens to stifle growth and productivity on Britain’s farms, with unreliable broadband impeding the adoption of new technology such as AI and real-time monitoring.
Recent research by Neos Networks reveals that almost all altnet providers are considering M&A and collaborations with other service providers as a means of survival and expansion in the UK’s broadband market.
Openreach has increased its full fibre footprint by one million premises over two months since the end of February 2025 – an increase that shows the company has connected nearly 55% of UK premises.
According to Openreach, red tape is preventing upgrades to apartment buildings and flats, potentially leaving 600,000 homes and businesses across London without access to faster broadband technology for many years.
CityFibre has connected the first Project Gigabit customers in its Hampshire rollout, thanks to £104m funding, which will help more than 75,000 homes and businesses across the area to get online with faster broadband.
TOTSCo (The One Touch Switching Company) will be making business broadband switching connection testing available from the end of May – with a planned go-live in early 2026, working closely with the industry to ensure that the solution is robust, practical and ready to scale.