Commsworld reports 60% rise in gross profit

Hyperoptic grew its revenues from £65.1m in 2021 to £78.7m for the financial year ending 31st December 2022, a 21% increase.

Openreach’s financial results for the nine months to 31 December 2022 reveals that the operator has passed 9.6 million premises reached to date, with 29% of those connected.

VMO2’s Project Lightning has added pace in Q2 2022, passing 114,000 additional premises, up from 101,000 in Q1 2022 and 89,000 in Q2 2021.

Openreach has achieved a record quarterly build, passing 763k premises for the three months to June 30th 2022 and has also notched net adds of 302k.