Study highlights significant investment in UK Altnet sector

Share this on social media:

A recent report commissioned by the Independent Networks Cooperative Association (INCA) shows more than £1.76bn of private funding related to the independent sector was announced between the start of 2019 and September 2020. 

The figures in the report, which was carried out by Point Topic, are not inclusive of CityFibre’s purchase of FibreNation from TalkTalk Group for £200m, and are on top of an estimated £5.7bn of private investment-related announcements already made in the sector.

INCA CEO Malcolm Corbett welcomed the findings, but warned against letting the momentum slow. He said: ‘This level of investment is really healthy for the industry and reflects how important the challenger networks are in keeping Britain connected. It also shows that the independent sector is playing a decisive role in getting as close to the government’s 2025 gigabit coverage target as possible.’

Continued Corbett: ‘To ensure that this momentum builds, it’s crucial that these operators are supported, particularly in rural areas, ensuring that the Government’s Outside-In funding policy succeeds and that all communities benefit from new digital infrastructure.’

The report is an update to the main INCA/Point Topic survey that was published in the spring of 2020.


Related news

Recent News

04 March 2021

Telefónica Group has reached an agreement with investment group Caisse de dépôt et placement du Québec (CDPQ), to develop an independent wholesale network in Brazil.

03 March 2021

Dell’Oro Group has published its latest Optical Transport Quarterly Report.

03 March 2021

Radius Payment Solutions has acquired Belfast-based independent operator, Rainbow Communications.

02 March 2021

UK digital infrastructure provider, Openreach has selected the optical network monitoring system (ONMSi) from Viavi Solutions to accelerate its full-fibre broadband deployment across the country.