{"id":35188,"date":"2023-07-25T09:50:16","date_gmt":"2023-07-25T08:50:16","guid":{"rendered":"https:\/\/www.ispreview.co.uk\/?p=35188"},"modified":"2023-07-25T12:08:54","modified_gmt":"2023-07-25T11:08:54","slug":"communityfibre-bring-fttp-broadband-to-1million-london-homes","status":"publish","type":"post","link":"https:\/\/www.ispreview.co.uk\/index.php\/2023\/07\/communityfibre-bring-fttp-broadband-to-1million-london-homes.html","title":{"rendered":"CommunityFibre Bring FTTP Broadband to 1Million London Homes"},"content":{"rendered":"

Network builder and UK broadband ISP CommunityFibre<\/a>, which is rolling out a 10Gbps capable Fibre-to-the-Premises (FTTP<\/a>) network across London, has today hit the coverage milestone of 1 million homes passed (up from 720,000 in December 2022) – plus 212,000 businesses on top (i.e. their network footprint expanded by 75% in the last 12 months).<\/p>\n

The operator, which also owns ISP Box Broadband<\/a> – a full fibre network that covers parts of Surrey and West Sussex in England (here<\/a>), is aiming to reach 2.2 million UK premises by 2024 – more than half of all the homes in London (3.7 million). On top of that, Box Broadband also holds a \u201cgoal of delivering fibre to in excess of 250,000 homes by the end of 2024<\/em>\u201d (not included in CF’s 2.2m target).<\/p>\n

NOTE:<\/strong> CF is owned by funds advised by Warburg Pincus LLC, DTCP Railpen and NDIF.<\/div>\n

In terms of funding, it\u2019s tricky to keep track of CF\u2019s announcements, but they were originally backed by \u00a390m from private investors and Government schemes (e.g. Amber Infrastructure and RPMI Railpen), followed later by \u00a3400m via Warburg Pincus and DTCP, and \u00a3100m from a syndicate of existing and new banks. Back in October 2022 they also added a new finance facility of \u00a3985m – made up of \u00a3685m in committed facilities and a further \u00a3300m uncommitted accordion (here<\/a>).<\/p>\n

The provider generally offers consumers symmetrical broadband packages ranging from 150Mbps and all the way up to the dizzy heights of 3Gbps.<\/p>\n

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

“As Londoners continue to face pressure on household bills, as well as increasing consumer demand for online access and digital connectivity, we are proud to enable access to faster, cheaper, and more reliable fibre broadband to over one million London properties across the capital.<\/p>\n

As well as advancing our target to reach more Londoners with our 100% full fibre network, we will continue to challenge the industry with our innovative offerings, such as setting new out-of-contract pricing standards, which we have capped at \u00a32 across all our packages, as well as providing easy access to our social tariff, which unlike most other broadband providers does not ask consumers to provide proof of eligibility criteria.”<\/p><\/blockquote>\n

Residential customers typically pay from \u00a320 per month on 24-month term (optional term of 12-months) for a symmetric speed of 150Mbps with an included router (\u00a322 thereafter), which rises to \u00a349 for their top 3Gbps tier (\u00a351 thereafter). On top of that they also have a special tariff that gives you 20Mbps speeds for just \u00a312.50 per month on a 12-month term, which is technically a social tariff, except anybody can take it.<\/p>\n","protected":false},"excerpt":{"rendered":"

Network builder and UK broadband ISP CommunityFibre, which is rolling out a 10Gbps capable Fibre-to-the-Premises (FTTP) network across London, has today hit the coverage milestone of 1 million homes passed (up from 720,000 in December 2022) – plus 212,000 businesses on top (i.e. their network footprint expanded by 75% in the last 12 months).<\/p>\n","protected":false},"author":1,"featured_media":31278,"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-35188","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 FTTP Broadband to 1Million London Homes - ISPreview UK<\/title>\n<meta name=\"description\" content=\"Network builder and UK broadband ISP CommunityFibre, which is rolling out a 10Gbps capable Fibre-to-the-Premises (FTTP) network across London, has today\" \/>\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\/2023\/07\/communityfibre-bring-fttp-broadband-to-1million-london-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 FTTP Broadband to 1Million London Homes - 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