Gigaloch Target Full Fibre Rollout for 200,000 UK Premises

Fife-based broadband ISP Gigaloch, which in 2020 began building their own Fibre-to-the-Premises (FTTP) network across a few remote rural communities in Cheshire (England) and Perthshire (Scotland), has secured their first institutional financing round and are now aiming to cover up to 200,000 premises (mostly in Scotland).

The operator originally started their build in Mollington (West Cheshire) and have also expanded out into other locations, such as Abraichan (Inverness-shire), Loch Tay (Highlands of Perthshire), Mouldsworth, Manley and Ashton Hayes (Cheshire), and they recently entered the village of Methven (Perth and Kinross), among others.

However, the latest news suggests that Gigaloch may soon be scaling-up their deployments by targeting up to 200,000 rural premises, although the announcement fails to clarify precisely how much investment has been raised. The company was otherwise supported in this financing round by tech investment bank, Axxeltrova.

Steven Brown, Gigaloch’s CEO, said:

“There are vast areas of unserved communities north of the central belt of Scotland which remain unconnected. Our deployment model works with local communities and landowners to ensure that no one is left behind in a world which has become increasingly digital.”

Hopefully, at some point, they’ll use a bit of this new investment to put their website on a server that is a little bit quicker (some pages seem to take almost half a minute to load).

New customers get the installation and first year of service for free, which reflects an unlimited 1Gbps package (200Mbps upload), and after that the price becomes £35 per month (frozen until 2025). The minimum term for this package is just 12-months.