New build figures released by nexfibre reveal that it now exceeds 2.3m premises for Q2 FY25, and continues to make progress in bringing full fibre to underserved communities, on track with progressing an optimised build plan.
“We are driven by our agility and commitment of our ecosystem of team member and partners,” commented Rajiv Datta, CEO.
“Together, we are delivering a XGS-PON-only network designed to serve generations to come. This long-term focus informs our view of the need for sustainable, nationwide competition in the fibre access market, which today is fragmented and subscale, yielding constrained business models and substantial financial stress.”
Previously published build figures showed its 10GBps FTTP/XGS-PON broadband network had reached 2.2m UK premises in Q1, and this was with scaled back coverage target for 2025 to 2.5m premises passed, reducing future build plans for the next year.
The altnet provider shares its parentage with ISP partner Virgin Media O2, and was set up in 2022 by Telefónica, Liberty Global and InfraVia Capital Partners as a new £4.5bn joint venture.
