Community Fibre network hits 300k customers

Tue, 27/08/2024 - 10:32
Community Fibre

More than 300,000 customers have now signed up to Community Fibre’s network, an 85% increase in the last 12 months.

The altnet’s footprint now passes a total of 1.3m premises, which is over one-third of homes in the capital.

Community Fibre is backed by a finance facility of £985m and announced it has been EBITDA positive throughout Q2.

CEO Graeme Oxby, said: “Having successfully grown to become the largest 100% only full fibre network in London, we’re pleased to announce that more than 300,000 customers have chosen to join Community Fibre.” 

Olaf Swantee, Chairman of Community Fibre, added: “The lenders and our shareholders share the view that Community Fibre’s momentum will further strengthen its position as the best and largest FTTH only provider in London.”