BT has issued a trading update for the nine months to December 31st 2023. Allison Kirkby, Chief Executive, commenting on the telco’s Q4, said: “BT Group has delivered another quarter of revenue and EBITDA growth, while rapidly building and upgrading customers to our full-fibre broadband and 5G networks, and we continue to be on track […]

UK telco BT has issued a trading update for the three months to June 30th 2023, with Philip Jansen, Chief Executive, commenting: “We’ve made a strong start to the year, in what remains a very competitive market, with improved customer satisfaction, pro forma revenue growth in all of our business units and pro forma group […]

UK multiplay operator Virgin Media O2 has released its Q2 results which show that its fixed network rollout accelerated with 175,500 additional homes serviceable. Its 5G services are now available in over 2,800 towns and cities. Lutz Schüler, CEO of Virgin Media O2, said: “As we navigate a tough economic climate, we have a clear […]

BT has delivered on its outlook for FY23, according to the telco’s Chief Executive, Philip Jansen. Commenting on the results that BT had grown both pro forma revenue and EBITDA for the first time in six years while navigating an “extraordinary” macro-economic backdrop. “Over the last four years we have stuck firmly to our strategy […]

BT Group Chief Executive Philip Jansen says the telco remains on the front foot in “turbulent times”. Announcing its half year results, Jansen said: “Our strategy is working, we’re executing against our plan and we’re confident that we’ll deliver our long-term ambition while underpinning economic growth in the UK. “ “Our financial performance is on […]

London-based ISP Community Fibre Limited has signed a new finance facility of £985 million (€1.12bn) which will enable the company to continue to execute its rapid roll out of a full-fibre broadband network to 2.2 million London homes by the end of 2024. Community Fibre already has 675,000 ready for service homes in London and […]

Community-focused ISP Lit Fibre has appointed industry expert Steve Robertson as Non-Executive Director, as the company continues its mission to bring world-class fibre broadband to towns across the UK. Robertson brings to Lit Fibre more than four decades of leadership experience in telecoms, including leading Openreach from its inception in 2005 until 2011. During his time […]

UK digital infrastructure provider Openreach has now built ultra-fast, ultra-reliable Full Fibre broadband to more than seven million homes and businesses across the UK, including more than two million in the hardest to reach ‘final third’ of the country. Having already built the new technology to more than a quarter of its target footprint, Openreach […]

Netomnia, a provider of full fibre broadband infrastructure, and internet service provider YouFibre have secured £295 million in new funding led by DigitalBridge Investment Management, the investment management platform of DigitalBridge Group. DigitalBridge’s equity investment will come alongside follow-on commitments from existing shareholders Soho Square Capital and Advencap Limited. Founded by CEO Jeremy Chelot, who […]

Sky Broadband has launched its new full fibre broadband package, Gigafast – offering speeds of 900 Mb/s. The new package, which is delivered only through FTTP (Fibre to the Premises), is 25x faster than the average speed of Sky’s Superfast 35 package and offers a high-standard Speed Guarantee of 600 Mb/s. Available to new and […]