Connect Fibre secures Foresight funding to accelerate east of England rollout

Connect Fibre has received funding from Foresight Group to accelerate its installation of a full fibre network across the east of England.

The altnet’s rollout will deliver gigabit speeds to over 100,000 homes and create jobs across the region. Connect Fibre has already developed a full fibre network in the village of Reach

Foresight has experience with sustainable infrastructure, real assets and SME investing.

Stefan Stanislawski, CEO of Connect Fibre, added: “We strongly believe in our regional strategy and that starts with levelling up our first villages and towns.”

Anouska Morjaria, Investment Manager at Foresight, said: “As evidenced by the pandemic, remote working and digital connectivity are essential for our modern lifestyles. Reliable, high-speed and accessible digital infrastructure forms an integral part of the UK’s National Infrastructure Strategy.”