Nexfibre announces its fibre-to-the-premise (FTTP) network now covers 2 million homes, making it the UK’s second-largest alternative network. In just two years, Nexfibre achieved this milestone, aiming to transform broadband access.
In a bold move to accelerate the United Kingdom’s digital infrastructure, nexfibre, a UK-based wholesale fibre network provider, has committed to investing £1 billion during the 2024 financial year. This investment aims to significantly expand the country’s broadband capacity, focusing on areas currently underserved by existing networks.
The ambitious nexfibre roll-out strategy continues with plans to extend their services using the advanced XGS-PON architecture, promising symmetrical speeds up to 10 Gbps. This includes expansion into locations like Kent, Cheshire, and Durham. With fruitful collaboration with Virgin Media O2, nexfibre is set to revolutionize broadband access in the UK.
Netomnia has merged with Brsk, forming the UK’s second-largest alternative network provider after CityFibre. This merger creates a network footprint of 1.5 million premises ready for service (RFS), aiming to reach 3 million by next year. Supported by £1.2 billion in debt funding, the merger combines complementary networks to enhance market position and service delivery, emphasizing expansion and innovation.
The landscape of fibre broadband in the UK is rapidly evolving, with over a fifth of premises now enjoying the choice of two or more fibre broadband providers. This development can be attributed to the efforts of alternative network operators across the country.Recent data from Point Topic reveals that nearly two thirds of UK premises, totaling 20.4 million, now have access to fibre broadband as of March-end.
Rumors of a impending merger swirl around two of UK’s pivotal alternative network providers. Such union could massively boost FTTP coverage across the UK. Amid speculations of rapid network consolidation and shared investment, this collaboration signifies a vital shift in UK’s fibre market. However, the union also begets challenges in terms of subscriber transition and meeting regulatory deadlines.
In a bold move to reshape the UK’s broadband landscape, VMO2, backed by shareholders Liberty Global and Telefónica, has announced the launch of a new fixed network company, ambitiously positioned as a direct competitor to BT’s Openreach. Dubbed NetCo for now, this venture aims to accelerate the adoption of full fibre broadband, offering a fresh financing framework and a potential platform for the consolidation of alternative network providers (altnets).
In a major step toward network evolution, UK’s Virgin Media O2 (VMO2) has successfully tested and begun selling services powered by cutting-edge XGS PON fibre technology. This move, primed to revolutionize digital connectivity, promises customers symmetric 10 Gbps upload and download speeds but might initially be geographically limited. The transformative technology is expected to rival offerings from other telco giants whilst unlocking the potential for future technological advancements.
Virgin Media O2 reveals ambitious plans to expand its UK network, reaching 80% full fiber coverage and 50% 5G serviceability by year-end. Growth attributed to nexfibre joint venture and Q1 results showcase increased customer relationships amidst revenue fluctuations.
