investment

The UK-based provider secured the funding through a £110m bank facility, with an initial tranche of £40m from Nord L/B.

Gigabit Networks is to scale up to ‘cope with customer demand’ and is looking for potential investors.

Bath-based provider Truespeed is investing £22 million across multiple South West locations including South Gloucestershire, North Somerset and Bath as it accelerates full fibre roll-out.

The new network connects to Exa’s Spanish backbone via Madrid, Barcelona and beyond, serving customer needs across the Iberian Peninsula.

The Ministry of Economic Affairs and Digital Transformation, via the Secretary of State for Telecommunications and Digital Infrastructures, published the proposal for a provisional resolution for the second call for the UNICO-Broadband programme.

The funding will enable the London ISP to continue to execute its fibre network roll-out to 2.2m London homes by the end of 2024.

Austrian operator Magenta Telekom has partnered with French investor Meridiam to finance the expansion of its fibre network.

The Scottish government has committed to a further £36m expansion of the ‘Reaching 100%’ (R100) contracts for gigabit-capable broadband delivery.

Bell is investing heavily in its broadband infrastructure as part of the Ontario Accelerated High Speed Internet Program (AHSIP).

Indiana-based independent provider, Metronet has begun construction of a high-speed full-fibre network in Colorado Springs as part of a $130m investment to make the region a ‘gigabit city’.