Investment

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.

There’s a lot of buoyancy in the telecoms industry with people looking to invest in the infrastructure that will support a UK-wide gigabit-capable future.

A £200m expansion into Great Britain will see Northern Ireland-based altnet Fibrus connect 40 Cumbrian towns and villages to fibre.

Fibre & Wireless Networks will dial up its south of England rollout following a £25m funding package from Santander UK.

In what has been hailed as one of Europe’s largest ever full fibre financings CityFibre has secured a £4.9bn debt package comprising committed facilities of £3.9bn and an accordion facility of £1bn.

Freedom Fibre has secured a £100m commitment of scale-up funding, to facilitate its rollout of full fibre to over two million premises in the North West. 

Netomnia is beginning its first network build in a major city, investing £39m to rollout full fibre in Liverpool.