Quickline has taken a significant step in its commitment to nurturing regional talent by welcoming its first cohort of telecoms apprentices, reflecting the company’s dedication to delivering social value as part of its four government-awarded Project Gigabit contracts.
Investment
Netomnia has secured an additional £25 million loan from the National Wealth Fund (NWF).
Ogi has secured a £45m financing package from Cardiff Capital Region (CCR), alongside ongoing investment from its principal shareholder Infracapital, to support the next stages in its growth.
Fibrus has secured £100M in additional funding to complete its fibre rollout to 500,000 homes in Northern Ireland and Cumbria within the next two years.
The Scottish National Investment Bank has invested a further £10m in Highland Broadband to boost the altnets aim of addressing 100,000 premises.
Quickline has secured a £125m term loan and £100m debt guarantee from The UK Infrastructure Bank, alongside a £25 million term loan provided by NatWest.
Wildanet has secured a £35m investment from the UK Infrastructure Bank to accelerate its broadband rollout to underserved rural areas in Cornwall.
The UK Infrastructure Bank (UKIB) has committed £150m to accelerate Hyperoptic’s full fibre rollout and increase its committed debt facility to over £1.1bn
G.Network has agreed additional funding of £85m from its long term equity investor USS to fuel a new growth phase.
A further £18m has been invested into Voneus by its current backers Global Connectivity (GCON), through its involvement in Rural Broadband Solutions Holdings (RBSHL).
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