Ogi has secured a £45m financing package from Cardiff Capital Region (CCR), alongside ongoing investment from its principal shareholder Infracapital, to support the next stages in its growth.
Fibre & Wireless Networks will dial up its south of England rollout following a £25m funding package from Santander UK.
Alongside its ISP brand, Hey!Broadband, F&W Networks is expanding its footprint of 200k connected homes, with the aim of reaching one million homes by 2025.
This funding will open up possibilities to expand into additional mid-size cities and rural areas within the UK.
Jonathan Corcoran, Director, Specialised and Project Finance at Santander UK, said: “F&W Networks is playing a crucial role in connecting homes, businesses, and other key organisations with full fibre technology throughout the UK.”
F&W Networks looks to expand within the counties it is already active in, using funding to enhance its rollout capacity and deliver better connections.