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Voneus

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In a significant development in the telecommunications sphere, Voneus will merge with Broadway Partners, Cadence Networks, and SWS Broadband.
M&A

Voneus Joins Forces: Reinventing Rural Broadband Landscape

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In a game-changing move, Voneus aligns with Broadway Partners, Cadence Networks, and SWS Broadband, facilitated by Macquarie Capital, IIF, and Tiger Infrastructure Partners, alongside a hefty £250 million investment. Known for boosting superfast broadband in underserved UK rural areas, Voneus’ ambitious scope partnered with Project Gigabit has proven an investment magnet. Phantom impacts of this colossal merger are yet to unfold, but Voneus sets its sights on servicing 350,000 premises across the UK in a dynamic shift in the telecommunications sector.

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The UK government accelerated its Project Gigabit scheme designed to enhance digital connectivity across remote areas of the country.
Broadband

Navigating Project Gigabit: Amplifying UK’s Digital Connectivity Ambitions

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Project Gigabit, an ambitious initiative from the UK government, is rapidly enhancing the nation’s digital connectivity across rural locales. Recent updates from this £5 billion venture depict encouraging progress, with a significant leap in gigabit broadband coverage from 6% in 2019 to 81%. The project aims to extend this coverage to virtually every UK premises by 2030.

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