Fibre Provider's Weekly Update

Fibre Provider enables the spectrum of organisations driving the UK’s fibre rollout to keep up to date with the latest commercial, regulatory and planning news. As part of this mission, our weekly newsletter compiles the top news that broke during the week and brings it straight to your inbox.

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In this week's news...

G.Network secures further ￡85m funding from USS

G.Network Communications has secured additional funding of ￡85m from its long-term equity investor USS to fuel a new growth phase.

The altnet resumed its build in February after recalibrating with a more commercial focus that has driven blended ARPU towards ￡50.

Looking ahead, key areas of strategic focus will include developing the B2B retail and wholesale business and building more fibre network with its strategic partners such as Boldyn Networks.

This network development will include fibre infrastructure to support small cells, CCTV and other smart city applications enabling a better-connected London.

G.Network will also continue partnering with landlords and developers to pre-wire flats and office blocks across the network.

CEO Kevin Murphy said: “Our vision to build a better-connected London is coming to fruition and would not have been possible without the ongoing investment and support of USS."

WightFibre hits 21,000 connected premises

WightFibre has now passed 70,000 homes and has connected 21,000 customers to its network, representing 80% coverage and 30% of the market share. ?

This has been fuelled by ￡3.1m in BDUK Gigabit Broadband Vouchers claimed to date.

Looking ahead the altnet remains on track to achieve 90% coverage on the island by the end of 2025, and 98% Coverage by 2027.

John I. , CEO of WightFibre, said:?“Our secret sauce is localness, we’re rapidly becoming woven into the very fabric of the Isle of Wight.”

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The UK Fibre Summit brings together leadership teams from the UK's fibre infrastructure, alt-net and ISP communities to explore strategies for commercial growth.

With the UK's fibre rollout gathering increasing mass, it is crucial operators now build a robust sales strategy and set of propositions to grow revenues and maximise their business potential.

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YouFibre hits 100,000 customers

YouFibre has connected its 100,000th customer, doubling its base in the last nine months.?

The altnet’s network now passes nearly one million properties in almost 100 towns. It secured a further ￡147.5m in March.

MD Ryan Battle, said: “We know it is hard for customers to let go of their existing broadband provide and potentially put their whole online life in jeopardy for the new kid on the block.”

Neos connects 180-plus Oxford public service sites

Neos Networks has provided full fibre connectivity to 180 out of 193 public buildings contracted in Oxfordshire County Council’s GigaHubs project.

Announced in 2021, GigaHubs aims to enhance digital and social inclusion by providing gigabit-capable connectivity to rural public sector buildings, such as schools, GP surgeries, and libraries.

Neos has utilised its fibre network and solutions and aggregated local fibre networks from Openreach, Virgin Media Business and Gigaclear.

The initial project, delivered by the end of 2023, connected 175 GP public buildings and Neos has since extend connectivity to a further 18 rural sites. ?

In addition, Neos Networks has also provided ￡20,000 to an initiative purchasing new IT equipment for the council’s public libraries.

David Bruce , CRO, at Neos Networks said: “Oxford’s GigaHubs project has started to bear fruit and residents, businesses and tourists across the county can now access fast, reliable connectivity across so many of the most important spheres of public life.”

Thanks for reading, and we hope to see you back here next Friday for the latest news update. Be sure to subscribe at the top of this newsletter to get your copy.