CityFibre has completed its primary build in Wokingham, making over 19,000 homes in the town and surrounding areas, around 82% of those available, RFS on its network.
Mon, 9/06/2025 - 14:29
Fibrus has achieved EBITDA breakeven with customer penetration on its network rising to 28% during March. It expects to hit 30% in the coming months.
The Infracaptial-backed altnet saw its customer numbers grow by 45%, with 113,500 customers connected to the network by March 2025.
Furthermore, its ARPU for March hit £25.53, up £1.73 (7%) year-on-year. The company put this down to smarter pricing and better retention. Its churn sits at 5% per annum.
Fibrus also provided an update on its rollout in Cumbria, with over half of the 71,000 premises passed in the past 12 months derived from its rollout in the region. This included the connection of more than 10,000 hard-to-reach rural premises as part of the BDUK programme.
Dominic Kearns, Fibrus’ Co-Founder and CEO said: "Breaking even is a huge moment for us, the same with any large-scale long-term infrastructure project. It proves our model works when you get the execution right.”
