Cornish ISP Wildanet has secured £35 million from UK Infrastructure Bank to expand their fibre-to-the-premise network. This funding aims to connect an additional 20,000 homes and businesses in Cornwall, enhancing connectivity and driving economic growth.
Point Topic’s recent analysis reveals that global fixed broadband connections will rise to 1.39 billion by the end of this decade. While some regions will reach near-saturation, others will see significant growth opportunities.
Broadband infrastructure provider Openreach has unveiled plans to extend its full fibre broadband services to 517 additional locations across the UK, bringing fibre-to-the-premise (FTTP) to an extra 2.7 million homes and businesses. This ambitious rollout includes 400,000 homes in rural areas, highlighting Openreach’s commitment to bridging the digital divide.
A recent study conducted by Germany’s Verband für Telekommunikation und Mehrwertdienste (VATM) has illuminated the rapid advancements within Germany’s fiber market. The study highlights a steady stride in the country’s fiber rollout, projecting that nearly 19 million households, approximately half of the German population, will have access to fiber-to-the-premise (FTTP) connectivity by mid-year, marking a rise of 2 million households since the close of 2023.
BT Group has reported a slight revenue increase to £20.8 billion, a 1% rise from last year, driven by price hikes for broadband customers, robust sales of fibre products in Openreach, and growth in the consumer division. However, the company’s pre-tax profits dropped sharply by 31%, falling to £1.18 billion, despite a 2% rise in adjusted EBITDA, which reached £8.1 billion.
Australia’s National Broadband Network (NBN) has marked a historic milestone by utilizing cutting-edge 100G PON technology to achieve speeds of 83 Gbps on its live full fibre access network. This breakthrough, claimed as a world first, signifies a significant leap in broadband capabilities for Australian consumers.
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.
Tillman FiberCo, LLC, a leading provider of fiber optic broadband infrastructure, has announced a significant expansion of its 100% Fiber-to-the-Premise (FTTP) network in Florida. The expansion aims to cater to the growing demand for high-speed internet access in various regions across the state, including Tampa Bay, Panhandle, South and Southwest Florida, and several major cities like St. Petersburg, Fort Myers, Naples, Pensacola, Miami, Palm Beach, Ft. Lauderdale, and Kissimmee.
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.
Allison Kirkby has officially taken the reins at BT, unveiling her first set of financial results as the company’s new chief executive. The figures, reflecting the final quarter of 2023, show a modest increase in revenue to £5.3 billion, up from £5.2 billion, with adjusted EBITDA holding steady at £2 billion. This performance was bolstered by positive developments within Openreach and the Consumer division, though slightly hampered by the challenges faced by BT Business, including cost issues and a downturn in legacy product sales.
