{"id":39725,"date":"2024-10-15T13:36:39","date_gmt":"2024-10-15T12:36:39","guid":{"rendered":"https:\/\/www.ispreview.co.uk\/?p=39725"},"modified":"2024-10-15T13:36:39","modified_gmt":"2024-10-15T12:36:39","slug":"toob-extend-fttp-broadband-to-cambridge-luton-and-leicester-uk","status":"publish","type":"post","link":"https:\/\/www.ispreview.co.uk\/index.php\/2024\/10\/toob-extend-fttp-broadband-to-cambridge-luton-and-leicester-uk.html","title":{"rendered":"Toob Extend FTTP Broadband to Cambridge, Luton, and Leicester UK"},"content":{"rendered":"

Hampshire-based network builder and ISP toob<\/a><\/a>, which is rolling out a gigabit speed full fibre (FTTP<\/a>) network across parts of South England, has expanded their availability to include the Bedfordshire town of Luton, as well as the cities of Cambridge (Cambridgeshire) and Leicester (Leicestershire). But this will be via their partnership with Cityfibre<\/a> (not own build).<\/p>\n

Just to recap. Toob<\/a><\/a> is currently being financed through equity from funds managed and advised by the Amber Infrastructure Group, as well a huge amount of debt financing provided by Ares Management\u2019s Infrastructure Debt (here<\/a>). At the end of 2023 this mix of equity and debt reflected a total commitment of \u00a3395m.<\/p>\n

NOTE:<\/strong> Toob\u2019s own fibre covers 150,000 UK premises (24th Aug 2023 \u2013 not all RFS) and, as of September 2024, they had 60,000 customers. The operator originally aspired to cover 1 million premises across parts of Dorset, Hampshire, Surrey and Sussex by 2027, but at present they\u2019re only targeting a total of 300,000 premises.<\/div>\n

However, as mentioned earlier, toob both builds their own Fibre-to-the-Premises (FTTP<\/a>) infrastructure and holds a complementary network partnership with CityFibre<\/a> to help expand their coverage (CF also gains reciprocal access to harness toob\u2019s network). The announcement of an expansion into Cambridge, Luton, and Leicester thus reflects that partnership with CityFibre’s existing FTTP network, rather than their own build.<\/p>\n

Nick Parbutt, CEO of toob, said:<\/strong><\/p>\n

\u201cI am delighted to bring toob\u2019s full-fibre broadband service to the residents of Cambridge, Luton and Leicester. For too long customers have been taken for granted by their broadband suppliers, with poor service and above inflationary price increases.<\/p>\n

toob is focused on what customers really need, fast, reliable broadband at an affordable price. toob\u2019s service is delivered through our partnership with CityFibre using full-fibre technology, which is the most reliable technology available.<\/p>\n

Customers will get the benefit of full-fibre broadband with speeds of 900Mbps for only \u00a329 per month on an 18 month contract. Also, with our toob promise customers can be assured that there will be no in-contract price rises unlike many broadband suppliers.\u201d<\/p><\/blockquote>\n

The announcement comes shortly after toob published their latest annual accounts<\/a> to the end of 2023, which among other things revealed that they were aiming to “largely complete the current phase of expansion of its network to 300,000 premises … during 2024<\/em>.” But it’s unclear whether this reflects their own network build or the combined reach with CityFibre’s availability.<\/p>\n

Toob’s accounts also reported an operating loss of \u00a319.48m (2022: \u00a313.57m), capex of \u00a338.68m (2022: \u00a326.39m), revenue of \u00a35.5m (2022: \u00a32.16m) and total liabilities of \u00a3214.7m (2022: \u00a3139.6m).<\/p>\n","protected":false},"excerpt":{"rendered":"

Hampshire-based network builder and ISP toob, which is rolling out a gigabit speed full fibre (FTTP) network across parts of South England, has expanded their availability to include the Bedfordshire town of Luton, as well as the cities of Cambridge (Cambridgeshire) and Leicester (Leicestershire). But this will be via their partnership with Cityfibre (not own […]<\/p>\n","protected":false},"author":1,"featured_media":38731,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[1],"tags":[468,440,56,454],"class_list":["post-39725","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uk_isp_news","tag-bedfordshire","tag-cambridgeshire","tag-fttp","tag-leicestershire"],"share_on_mastodon":{"url":"https:\/\/mastodon.social\/@ispreview\/113311475671652394","error":""},"yoast_head":"\nToob Extend FTTP Broadband to Cambridge, Luton, and Leicester UK - ISPreview UK<\/title>\n<meta name=\"description\" content=\"Hampshire-based network builder and ISP toob, which is rolling out a gigabit speed full fibre (FTTP) network across parts of South England, has expanded\" \/>\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\/10\/toob-extend-fttp-broadband-to-cambridge-luton-and-leicester-uk.html\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Toob Extend FTTP Broadband to Cambridge, Luton, and Leicester UK - 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