{"id":30894,"date":"2022-05-03T10:17:25","date_gmt":"2022-05-03T09:17:25","guid":{"rendered":"https:\/\/www.ispreview.co.uk\/?p=30894"},"modified":"2022-05-03T10:17:25","modified_gmt":"2022-05-03T09:17:25","slug":"communityfibre-bring-london-fttp-broadband-to-500000-homes","status":"publish","type":"post","link":"https:\/\/www.ispreview.co.uk\/index.php\/2022\/05\/communityfibre-bring-london-fttp-broadband-to-500000-homes.html","title":{"rendered":"CommunityFibre Bring London FTTP Broadband to 500000 Homes"},"content":{"rendered":"

London-focused UK ISP CommunityFibre<\/a> (CF), which aims to cover 2.2 million homes in the city with their 3Gbps capable Fibre-to-the-Premises (FTTP<\/a>) broadband network by the end of 2024, has today announced that they’ve increased their coverage to 500,000 homes and 116,000 businesses. Another \u00a3100m was also secured.<\/p>\n

The provider, which also owns Box Broadband<\/a> – covering parts of Surrey and West Sussex (here<\/a>), started life a few years ago with an initial investment pot of around \u00a390m<\/strong> from private investors (e.g. Amber Infrastructure<\/strong> and RPMI Railpen<\/strong>), including Government backed schemes. But this was boosted by \u00a3400m<\/strong> in 2020 thanks to global equity firm Warburg Pincus LLC<\/strong> and management group DTCP<\/strong>.<\/p>\n

NOTE:<\/strong> Some 200 of the City’s largest landlords have already granted CF permission to enable over 670,000 properties, with more agreements soon to be announced.<\/div>\n

In support of its expansion plans, CF today claims to have secured an additional \u00a3100m<\/strong> facility from a syndicate of existing and new banks. The facility is said to have been significantly oversubscribed, although no further details were released on this as part of today’s announcement.<\/p>\n

The operator added that it now has an extensive network with presence in 29 London boroughs, with immediate plans to add Haringey and Havering to the list (see below). It has also already connected and is providing free gigabit broadband to 300 community centres across London, with many more planned.<\/p>\n

Graeme Oxby, CEO of Community Fibre, said:<\/strong><\/p>\n

“Bringing the best internet to our community has always been the focus of our business. With over 500k homes now able to connect we are well on our way to reaching our accelerated goal of reaching 2.2 million homes by the end of 2024. As an independent provider competing against larger incumbents, we know our goals are ambitious.<\/p>\n

However, we have been working hard to ensure that all of London has access to a high quality, high speed, affordable broadband network. We believe that London should have the best possible infrastructure to support its future growth ambitions.”<\/p><\/blockquote>\n

New customers typically pay from \u00a320 per month on a 24-month term (\u00a327.50 post-contract) for their unlimited 75Mbps (symmetric speed) package with free setup and a free router, which rises to just \u00a330 per month (\u00a354 post-contract) for their 920Mbps service. A faster 3Gbps package also exists for those with deeper pockets.<\/p>\n

Currently, the ISP operates in the following London boroughs: Barnet,\u202fBrent, Bexley, Bromley, Camden, City of London, Croydon, Ealing, Enfield, Greenwich, Hackney, Hammersmith and Fulham, Harrow, Hillingdon, Hounslow, Islington, Kensington and Chelsea, Kingston upon Thames, Lambeth, Lewisham, Merton, Newham, Richmond upon Thames, Southwark, Sutton, Tower Hamlets, Waltham Forest, Wandsworth and Westminster.<\/p>\n","protected":false},"excerpt":{"rendered":"

London-focused UK ISP CommunityFibre (CF), which aims to cover 2.2 million homes in the city with their 3Gbps capable Fibre-to-the-Premises (FTTP) broadband network by the end of 2024, has today announced that they’ve increased their coverage to 500,000 homes and 116,000 businesses. Another \u00a3100m was also secured.<\/p>\n","protected":false},"author":1,"featured_media":30895,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[1],"tags":[1491,56],"class_list":["post-30894","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uk_isp_news","tag-community-fibre","tag-fttp"],"share_on_mastodon":{"url":"","error":""},"yoast_head":"\nCommunityFibre Bring London FTTP Broadband to 500000 Homes - ISPreview UK<\/title>\n<meta name=\"description\" content=\"London-focused UK ISP CommunityFibre (CF), which aims to cover 2.2 million homes in the city with their 3Gbps capable Fibre-to-the-Premises (FTTP)\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ispreview.co.uk\/index.php\/2022\/05\/communityfibre-bring-london-fttp-broadband-to-500000-homes.html\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CommunityFibre Bring London FTTP Broadband to 500000 Homes - 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