Community Fibre, a leading UK alternative network provider, has secured £125 million from prominent lenders like JP Morgan and Alpha Bank. This investment will bolster their high-speed services, enhancing customer experience and expanding their fiber network reach in London.
A top-notch fibre network provider in London is revising its strategy, putting its expansion on hold to rather focus on serving their existing customers. This tactical shift, inevitably linked to layoffs, aims to maximise investor return through strategic customer acquisitions, but will it impact their goal to connect millions of homes with high-speed internet?