Grain will cut jobs nationwide and slow its network expansion as it looks to raise capital. This was confirmed by the altnet to Cumberland newspaper News and Star.
News
Zzoomm is due to deliver its first properties released for sale in Codsall this week. The investment will see Zzoomm roll out its fibre network to around 4,000 new properties.
Virgin Media’s gigabit broadband services are now available to more than 20,000 additional homes and businesses in Sheffield.
Complete Technology Group has been selected by VIVID to manage the strategic roll-out of full-fibre infrastructure across its high-rise blocks of flats.
MS3 Networks has expanded its full fibre coverage to over 60,000 premises across Lincolnshire, including homes in Scunthorpe in north Lincolnshire.
brsk has added an integrated TV solution to its fibre proposition through a partnership with Netgem.
Toob has opened a new office in Stockton-On-Tees to act as a centre for customer service and sales.
Gresham House-backed Telcom Group has added London to its list of existing metro networks through the acquisition of B2B Fixed Wireless Network provider Luminet.
ITS Technology Group has secured £100m of debt financing from Avenue Capital Group to bolster its ambitions to reach 50% of UK commercial business premises.
Evolve and ITS Technology Group have forged a strategic partnership to provide connectivity solutions to UK businesses.