Wessex Internet secures another helping of UK gov fibre funding
The UK government’s National Wealth Fund injects £50m into rural-focused altnet. Combining the cash with prior Project Gigabit wins, Wessex Internet aims to more than triple its current fibre footprint…
This article includes:
- Organisations: Aberdeen; Building Digital UK (BDUK); CityFibre; Fibrus; Gigaclear; Hyperoptic; Infracapital; National Wealth Fund; Netomnia; nexfibre; Quickline; Triodos Bank UK; UK government; UK Infrastructure Bank (UKIB); Virgin Media O2 (VM O2); Wildanet; WightFibre; Wessex Internet.
- Geographies: Europe; United Kingdom (UK).
- People: Ian Brown; Hector Gibson Fleming; James Gibson Fleming.
- Themes: Altnet; Asset management; Broadband; Broadband provider; Debt facility; Debt funding; Digital procurement; Economic development; Fibre (FTTP); Fibre funding; Financing; Funding round; Infrastructure; Investment; Network expansion; Private capital; Private investment; Procurement; Public financing; Rural broadband; Technology.
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