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CityFibre, which is currently working to deploy their 1Gbps FTTP broadband ISP network to cover 8 million UK premises over the next five years (here and here), has reportedly hired bankers at UBS and Rothschild to help it sell a significant minority stake (worth many hundreds of millions) to a third potential backer.
Network builder and UK ISP Vorboss has setup a new training and recruitment initiative – The Vorboss Academy – that will host a 4-week intensive training course for new hires, which has been designed to give those unfamiliar with telecoms the skills they need to kickstart a career in the industry.
CityFibre UK has today confirmed that they will soon start work on their £34 million project to deploy a gigabit-capable Fibre-to-the-Premises (FTTP) broadband ISP network across the Berkshire (England) towns of Bracknell (£20m) and Maidenhead (£14m), with both being expected to reach completion during 2024.
Angry locals in the Moray beauty spot of Finderne have setup an office in a cow field and invited the Scottish Government’s Connectivity Minister, Paul Wheelhouse, to come and try (suffer) working from it for a day. The stunt is designed to reflect frustrations over delays to the new voucher scheme and poor broadband.
Hampshire-based business broadband ISP Onecom, which is backed by a £100m funding package from LDC and Ares Management Corporation (here), has added 450 indirect channel partners and over 5,000 telephony, hosted voice and on-premise customers after acquiring 9 Group (9 Retail and 9 Partners) for an undisclosed sum.
The Broadband Stakeholder Group, which is a think-tank that advises the UK Government on internet and broadband connectivity issues, has appointed Stephanie Liston, a senior lawyer with international experience in pragmatic commercial, legal and regulatory advice, to be the group’s new Chair.
UK ISP Hyperoptic and SAY Property Consulting have published a new report, which surveyed over 2,000 members of the public and 311 property industry experts to help understand how the COVID-19 crisis has changed internet connectivity in homes and what the post-pandemic world may look like. Just 10% of people want to go back to the office full-time.