Investment

abrdn’s Core Infrastructure team will make a major equity investment in Wessex Internet to accelerate the deployment of its rural south west rollout.

CityFibre’s £52m investment into Plymouth’s digital infrastructure may unlock £420m in economic benefits, according to a report by Hatch.

M&A and investment in the fibre market is set for a significant paradigm shift, finds ISPA’s ‘What Lies Ahead’ report, which explores what maturation in the market means to altnet investors.

River and Mercantile (R&M) is investing up to £155m to support the rollout of Spring Fibre’s broadband network across England.

Alternative network broadband provider Brsk has secured up to £178m funding from Ares Management to support its UK full fibre broadband roll out.

Lightning Fibre, founded in Eastbourne in 2018, has recently passed 60,000 premises and increased its investment from Foresight Group to facilitate further expansion.

KCOM has unveiled plans to invest £100m across Hull, East Yorkshire and Lincolnshire, targeting expansion, upgrade and inclusion.

The Connecting Cheshire Partnership has announced a £2.9m investment to enable more rural communities to access gigabit broadband. 

A new joint venture between InfraVia Capital Partners and Virgin Media O2’s parent companies Liberty Global and Telefónica, is investing £4.5bn to cover up to seven million homes not currently addressed by VMO2.

Gigaclear is reportedly working with Rothschild to raise between £200m and £300m of capital, according to an article from Sky News.