Project Gigabit: Wildanet pulls out of contracts amidst rising rollout costs

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Source: Gresham House

Wildanet calls off two of its Project Gigabit contracts in Cornwall as delivery costs increase “significantly beyond anticipated”, becoming the latest altnet to withdraw from the government-subsided rollout scheme…

This article includes:

  • Organisations: Building Digital UK (BDUK); CityFibre; Connect Fibre; Department of Science, Innovation & Technology (DSIT); Fibrus; Freedom Fibre; FullFibre; Gigaclear; GoFibre; Gresham House; Openreach; Quickline; Searchlight Capital Partners; Truespeed; UK Infrastructure Bank (UKIB); Wessex Internet; Wildanet.
  • Geographies: Europe; United Kingdom (UK).
  • People: Neil Conaghan; Andy Nash; Helen Wylde-Archibald.
  • Themes: Altnets; Broadband; Broadband rollout; Connectivity; Contracts; Cost pressures; Fibre (FTTP); Fibre infrastructure; Funding rounds; Government subsidies; Infrastructure; Infrastructure investment; Investment; Rural broadband; Rural connectivity; Sustainability.

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