Zzoomm has appointed Acuity Advisors to explore potential M&A targets, according to a report from Sky News.
Wed, 21/08/2024 - 14:34
Fibreray Group has completed the acquisition and integration of Runfibre and intends to continue rolling out the specialist ISP’s network to help bridge the digital divide.
Runfibre is already established in south Gloucestershire and north Wiltshire and has used BDUK Vouchers to extend rural connectivity.
With the backing of Fibreray Group, it is now planning to deliver full fibre solutions to many more regions across the UK through Project Gigabit subsidies alongside its own commercial rollout.
Runfibre will focus on smaller communities where there are fewer than 1500 consumers and business premises within an area of interest.
Rod Lawrence, GM at Runfibre, said: “It means that Runfibre will be able to offer customers a comprehensive service, from feasibility and design through to delivery, and consistent and dependable fibre connectivity.
"Having all of these capabilities entirely within the group accelerates our response time and ability to meet and exceed customer expectations.”
Daniel Herbert, CEO of Fibreray Group, added: “By utilising our turnkey expertise to deliver full fibre services in the smallest of rural clusters we believe we can make them as commercially viable as any metro area and create a real difference to the long-term prospects and prosperity of those communities.”
Runfibre has passed over 1500 premises in south Gloucestershire. Further expansion into areas in the region that currently have a limited-service offering is underway.
