Hampshire-based alternative network operator and UK ISP toob, which has built a gigabit speed full fibre (FTTP) broadband network across parts of South England and also harnesses CityFibre’s network in other areas, has this morning announced that they’ve just added 33 new towns and cities (1.1 million additional premises) to their coverage via CityFibre.
The alternative network operator is currently being financed through equity from funds managed and advised by the Amber Infrastructure Group, as well as a large amount of debt financing provided by Ares Management’s Infrastructure Debt (here). At the end of 2023 this mix of equity and debt reflected a total commitment of £395 million.
However, toob both builds their own Fibre-to-the-Premises (FTTP) infrastructure and also holds a network partnership with CityFibre, with the latter helping to expand their coverage well beyond what they’ve already built (CF also gained reciprocal access to toob’s network). As a result of today’s development, toob’s packages can now be purchased in many towns and cities across a total of 33 additional UK locations (1.1 million more homes).
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This latest expansion includes Aberdeen, Blackpool, Bolton, Clacton-on-Sea, Chester, Crawley, Dundee, Edinburgh, Elderslie, Johnstone & Paisley, Gateshead, Glasgow, Great Wakering, Halifax, Hartlepool, High Wycombe, Horsham, Inverness, Middlesbrough, Newcastle-upon-Tyne, North Tyneside, Plymouth, Preston , Rochford, Rochdale, Southend-on-Sea, St Helens, Stirling, Stratford-upon-Avon, Sunderland, Sudbury, Wakefield, Weston-super-Mare and Worcester.
Nick Parbutt, toob CEO and Founder, said:
“The latest expansion of toob’s full-fibre broadband marks a significant milestone for us. By expanding our reach across 33 more communities throughout England and Scotland with CityFibre, we’re making our ultrafast 900 Mbps service accessible to even more households.
We’re proud to deliver exceptional value and our accelerated growth reflects the trust our customers place in us, as well as our commitment to providing high-quality service at an affordable price.”
Emma Goodwin, Sales Director of Consumer ISPs at CityFibre, said:
“It’s great to see toob growing with us and extending their footprint across the CityFibre network. This expansion will bring full fibre connectivity to even more homes, helping to unlock faster speeds and greater reliability. We’re proud to be driving greater choice and innovation in the broadband market and excited to see our partnership with toob go from strength to strength.”
Toob is currently only charging new customers from just £18 per month for symmetric speeds of 150Mbps and just £25 for 1Gbps on an 18-month term, which includes unlimited usage, a wireless router, free installations and a promise of no in-contract price hikes. This makes them one of the UK’s cheapest broadband providers.
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