{"id":48632,"date":"2026-11-03T16:31:03","date_gmt":"2026-11-03T16:31:03","guid":{"rendered":"https:\/\/www.ispreview.co.uk\/?p=48632"},"modified":"2026-11-03T16:31:03","modified_gmt":"2026-11-03T16:31:03","slug":"wightfibres-isle-of-wight-fttp-broadband-network-hits-40-percent-take-up","status":"publish","type":"post","link":"https:\/\/www.ispreview.co.uk\/index.php\/2026\/11\/wightfibres-isle-of-wight-fttp-broadband-network-hits-40-percent-take-up.html","title":{"rendered":"WightFibre&#8217;s Isle of Wight FTTP broadband network hits 40 percent take-up"},"content":{"rendered":"<p>Alternative network provider <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/link\/wightfibre\">WightFibre<\/a>, which has built their own independent gigabit speed Full Fibre broadband (<a href=\"https:\/\/www.ispreview.co.uk\/index.php\/link\/fttp\">FTTP<\/a>) network across the Isle of Wight (situated off the South Coast of Hampshire in England), has revealed that their new fibre network now covers 75,000 premises (91% coverage) and has exceeded 30,000 customers (40% take-up).<!--more--><\/p>\n<p>In case anybody has forgotten. The operator previously stated that they were expecting to have invested around <strong>\u00a3110 million<\/strong> by 2030 as part of their ongoing \u201c<em>Gigabit Island Project<\/em>\u201d, which according to today&#8217;s update &#8220;<em>remains on track<\/em>&#8221; to achieve 95% coverage by March 2028 with an ultimate goal of 97-98% coverage (previously the aim was 96% by the end of 2027).<\/p>\n<div class=\"bq2\"><strong>NOTE:<\/strong> <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/link\/wightfibre\">WightFibre<\/a> is backed by Infracapital, which also supports various other alternative broadband networks, such as <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/go\/gigaclear\" rel=\"nofollow\" target=\"_blank\">Gigaclear<\/a>, <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/link\/fibrus\" rel=\"nofollow\" target=\"_blank\">Fibrus<\/a> and <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/link\/spectruminternet\" target=\"_blank\">Ogi<\/a> etc. The operator has also benefitted from several million pounds worth of gigabit vouchers from the UK government (BDUK).<\/div>\n<p>The significant level of take-up shows that <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/link\/wightfibre\">WightFibre<\/a> is performing well against rival <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/link\/openreach\" target=\"_blank\">Openreach<\/a>, which in recent years have also been deploying their own <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/link\/fttp\">FTTP<\/a> network across the island. WightFibre&#8217;s take-up of 40% could also be translated to reflect that the operator now holds a local market share of around 34% across the <strong>Isle of Wight<\/strong>.<\/p>\n<p>The final stages of the rollout are focused on extending coverage even further and connecting harder-to-reach locations. This tends to be a slower and more expensive process due to the increasingly sparse, rugged and generally more challenging nature of such areas.<\/p>\n<blockquote class=\"bq1\"><p><strong>John Irvine, CEO of WightFibre, said:<\/strong><\/p>\n<p>&#8220;Reaching 30,000 customers and surpassing 40% penetration is a tremendous achievement for the entire WightFibre team. These figures place us amongst the best-performing altnets in the UK and demonstrate the confidence that Isle of Wight residents and businesses have in our network, our people and our service.<\/p>\n<p>Most importantly, we would like to thank our customers for their loyalty and support. Every customer who has chosen WightFibre has played a part in making this success possible. We are incredibly proud to serve our Island community and grateful for the trust that so many residents and businesses place in us.&#8221;<\/p><\/blockquote>\n<p>Back in the spring WightFibre published their <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/2026\/06\/wightfibres-broadband-gigabit-island-project-slowly-nears-completion.html\">latest annual accounts<\/a>, which showed that the company delivered revenues of \u00a39.158m (up 27% from \u00a37.196m in 2024), while losses hit \u00a319.32m (2024: \u00a318.95m) and the company had net liabilities of \u00a375.96m (2024: \u00a356.64m).<\/p>\n<p>The provider also delivered a full year of <strong>positive adjusted EBITDA<\/strong> (i.e. earnings before interest, taxes, depreciation, and amortisation) of \u00a3951k (2024: -\u00a3673k), which has been helped by their revenue growth and recent cost control measures. The company is currently home to 119 employees (mostly based at their Cowes HQ).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Alternative network provider WightFibre, which has built their own independent gigabit speed Full Fibre broadband (FTTP) network across the Isle of Wight (situated off the South Coast of Hampshire in England), has revealed that their new fibre network now covers 75,000 premises (91% coverage) and has exceeded 30,000 customers (40% take-up).<\/p>\n","protected":false},"author":1,"featured_media":26636,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[1],"tags":[56,431],"class_list":["post-48632","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uk_isp_news","tag-fttp","tag-hampshire"],"share_on_mastodon":{"url":"https:\/\/mastodon.social\/@ispreview\/117553467511270790","error":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - 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