nexfibre says it has made more progress than any other fibre network after reaching 1 million premises in just 14 months.
The Liberty Global-Telefónica project, which is also being backed by Infravia Capital Partners, is investing £1 billion in the UK’s broadband infrastructure and intends to have reached 5 million premises by 2026.
“As we continue to accelerate activity, we remain steadfast in our commitment to delivering the high-quality digital infrastructure that has the power to create lasting value in the communities we serve,” said Rajiv Datta, Chief Executive Officer, nexfibre.
nexfibre is a wholesale-only provider, delivering speeds of 2Gbps across its network, and to partner Virgin Media.
Lutz Schüler, Chief Executive Officer at Virgin Media O2, said: “The build programme is delivering at pace and is underpinned by an ambitious plan that’s already extended fibre to one million new premises. In partnership with nexfibre, we remain focused on driving scaled, sustainable competition in the full fibre market, and bringing the benefits of next-generation gigabit services to millions more homes and business across the UK.”
nexfibre is set to deliver its network to more premises than all but one provider in 2024, which will make it the UK’s second largest network provider in only its second year of operations.
The top spot is held by the incumbent BT Openreach.
