London’s largest alternative fibre network has bought its opposite number for Surrey and West Sussex.
Community Fibre says its acquisition of Box Broadband will give it expertise in suburban and rural builds. Box Broadband, which will remain an independent operational entity trading under the Box brand in the South of England under the leadership of Graham Sargood.
Box Broadband provides a full optical fibre network in Surrey and West Sussex and has passed 7,000 homes. The majority investment from Community Fibre will support an accelerated network roll-out to 200,000 homes across the South of England by 2024.
Graeme Oxby, CEO of Community Fibre, said ” With our backing from Warburg Pincus, DTCP, Amber Infrastructure and Railpen we will be able to support Box Broadband’s ambitious growth plans and provide the operational experience, as well as technical and commercial knowledge of best practice and purchasing scale in order to build quickly and efficiently.”
Graham Sargood, CEO of Box Broadband, added “We are delighted to receive investment from Community Fibre who has established itself as champions for the many underserved communities in London. With their investment and operational scale, we will be able to quickly ramp up our build and provide high speed and affordable services to many more customers in our target areas.”
Community Fibre is London’s fastest alternative full fibre network and has over 300,000 homes ready for service.
