{"id":36828,"date":"2024-01-11T16:23:42","date_gmt":"2024-01-11T16:23:42","guid":{"rendered":"https:\/\/www.ispreview.co.uk\/?p=36828"},"modified":"2024-01-11T16:25:19","modified_gmt":"2024-01-11T16:25:19","slug":"fibrus-grow-fttp-broadband-cover-in-cumbria-to-36k-premises","status":"publish","type":"post","link":"https:\/\/www.ispreview.co.uk\/index.php\/2024\/01\/fibrus-grow-fttp-broadband-cover-in-cumbria-to-36k-premises.html","title":{"rendered":"Fibrus Grow FTTP Broadband Cover in Cumbria to 36K Premises"},"content":{"rendered":"

Infracapital-backed broadband ISP Fibrus<\/a>, which is building a 10Gbps capable Fibre-to-the-Premises (FTTP<\/a>) network across Northern Ireland and parts of North England, has revealed that their deployment in Cumbria has now reached 36,000 premises (including nearly 12,000 across the town of Workington).<\/p>\n

Just for context. Fibrus<\/a>’ last overall progress update was in August 2023, when the operator revealed that their network had covered a total of 300k UK premises (273k RFS) and was home to 50,000 customers. At the time, the operator predicted that it would cover 400k premises by March 2024 (i.e. 150,000 in a single year).<\/p>\n

NOTE:<\/strong> Fibrus<\/a> has attracted over \u00a3750m of committed capital, including \u00a3235m from investors, \u00a3220m from a banking consortium and the rest as public subsidy (e.g. \u00a3197m Project Stratum<\/strong><\/a> \u2013 85,000 premises by March 2025 in N.Ireland \u2013 and the \u00a3108m Project Gigabit contract for 60,000 premises in Cumbria, England \u2013 Hyperfast GB<\/strong><\/a>).<\/div>\n

In terms of England, Fibrus<\/a> has both a commercial roll-out across parts of Cumbria, and they also hold the \u00a3108m (Lot 28) Project Gigabit contract for 60,000 premises in the same county (here<\/a>). The 36,000 premises announced today thus appears to be a combination of both efforts. The related build is currently focused on upgrading parts of Kendal, Penrith, Workington and Aspatria.<\/p>\n

However, the provider today confirmed that they would start work in another 15 towns and villages during the first half of 2024, including Windermere, Whitehaven, St Bees, Flookburgh, Great Broughton, Cockermouth, Distington and Keswick.<\/p>\n

Colin Hutchinson, CFO of Fibrus<\/a>, said:<\/strong><\/p>\n

\u201cWe\u2019ve made excellent progress in what is a challenging environment to build. The sheer size of Cumbria presents challenges, as does the geology \u2013 we\u2019ve had to drill through rock in some places \u2013 and with two National Parks and three designated Areas of Outstanding Natural Beauty, we\u2019ve had to take extra care to minimise the impact of our work on the environment.<\/p>\n

It\u2019s been particularly satisfying to start delivery on Project Gigabit, bringing full-fibre broadband to parts of the UK that might otherwise miss out on getting the digital connectivity they need. Full-fibre broadband is the mains electricity of the 21st century and it\u2019s vital that it is widely available. Fibrus will continue to address the digital imbalance in rural connectivity and we look forward to seeing more communities enjoying the benefits of our full-fibre network.\u201d<\/p><\/blockquote>\n

The company has also hosted related events in 11 communities to explain its work, responded to more than 300 enquiries and launched an apprentice training facility at Newton Rigg, Penrith, where 16 apprentices have completed training and another 74 will be trained by 2026.In addition, Fibrus is also providing \u00a3212,000 to support community projects over the life of the Project Gigabit contract.<\/p>\n

Admittedly, it hasn’t all been smooth sailing. In December 2023 we revealed that Fibrus had pulled out of the other state aid supported Project Gigabit contract for the North East of England and, on top of that, they paused their related commercial build plans for Northumberland<\/strong> and Durham<\/strong> (here<\/a>). “Given the state and cost of the capital markets we have taken the decision to focus our equity and debt funding in our home markets of NI and Cumbria<\/em>,” said the operator.<\/p>\n

At this stage it remains unclear how much the recent disruption will impact their original target of covering 1 million premises by around the end of Q1 2026 \u2013 reflecting around 450,000 premises in N.Ireland (c. 50% of homes in the region) and the rest from England. In the past there has also been some talk about expanding into Scotland, but that too is now likely to be resting on the back burner.<\/p>\n

NOTE:<\/strong> Infracapital also owns or has stakes in Gigaclear<\/a>, Ogi<\/a>, Neos Networks<\/a> and WightFibre<\/a> etc.<\/div>\n","protected":false},"excerpt":{"rendered":"

Infracapital-backed broadband ISP Fibrus, which is building a 10Gbps capable Fibre-to-the-Premises (FTTP) network across Northern Ireland and parts of North England, has revealed that their deployment in Cumbria has now reached 36,000 premises (including nearly 12,000 across the town of Workington).<\/p>\n","protected":false},"author":1,"featured_media":30184,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[1],"tags":[471,444,1995,56,38,1997],"class_list":["post-36828","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uk_isp_news","tag-bduk","tag-cumbria","tag-fibrus","tag-fttp","tag-politics","tag-uk-gigabit-programme"],"share_on_mastodon":{"url":"https:\/\/mastodon.social\/@ispreview\/111738246037157290","error":""},"yoast_head":"\nFibrus Grow FTTP Broadband Cover in Cumbria to 36K Premises - ISPreview UK<\/title>\n<meta name=\"description\" content=\"Infracapital-backed broadband ISP Fibrus, which is building a 10Gbps capable Fibre-to-the-Premises (FTTP) network across Northern Ireland and parts of\" \/>\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\/2024\/01\/fibrus-grow-fttp-broadband-cover-in-cumbria-to-36k-premises.html\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fibrus Grow FTTP Broadband Cover in Cumbria to 36K Premises - 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