Financial Results

Community Fibre’s latest Q3 annual financial report shows a strong year with a growth in revenue by 109 percent to £41.7m at the end of 2023.

Netomnia, which merged with Brsk earlier this year, is now achieving an annual build rate exceeding one million premises, according to its Q3 financial results.

Grain (Grain Connect) published its annual results for the year ended 31st March and made some positive financial predictions.

CityFibre has begun preparation for a financing exercise to grow its debt facilities according to its financial statements for the year ended 31st December 2023.

Hyperoptic revenues increased 19% from £78.7m to £93.4m in the year ended 31st December 2023, which saw the provider hit some significant milestones.

Gigaclear has reached 500,000 premises ready for service and 100,000 customers connected, according to its latest financial results, for the year ended December 2023.

Commsworld reported a 45% rise in adjusted EBITDA and a 28% increase in turnover, spurred by its public sector wins.

Openreach’s FTTP network now passes 15 million premises according to its latest trading update.

Openreach’s FTTP build rate accelerated to one million premises passed in Q4, up from 950,000 in the last quarter, spurred by a record 78k homes passed per week.

Virgin Media O2’s total serviceable fixed network footprint increased by 194,000 FTTP homes in Q1 2024, with Nexfibre having hit the one million premise milestone in mid-April.