nexfibre’s network reach has expanded to 1,557,000 premises ready for service and is on track to pass the two million milestone by the end of the year.
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.”