Openreach is continuing to roll out faster broadband across the UK, and has connected around 8,000 residents in Barnet to its upgraded network, improving digital access to essential services.
Mon, 10/10/2022 - 15:19
Community Fibre has signed a new finance facility of £985m which will enable the company to continue its roadmap of passing 2.2m London homes by the end of 2024.
The £985m is made up of £685m committed facilities with a further £300m uncommitted accordion.
The secured finance facility follows Community Fibre's £400m investment announcement in 2020.
Community Fibre has now made 675,000 homes ready for service in London and the south east.
Graeme Oxby, CEO of Community Fibre, said: “We will now be able to accelerate our network roll out and bring the benefits of fibre to a much larger number of customers.”
