Community Fibre has reached a total investment of £1.1 billion and secured a new finance facility of £125 million to expand its FTTP network, aiming to complete a roll-out to 2.2 million homes by the end of 2024.
The altnet reported an 85% increase in its customer base over the past year, attributing this growth to the demand for faster, affordable 100% full-fibre broadband and superior customer service.
With its fibre-to-the-premises network now covering 1.3 million properties and a commitment to bridging the digital divide, Community Fibre is positioned as London's largest full-fibre broadband provider.
Having expanded its network by 75% in just one year, Community Fibre has announced that it has been EBITDA positive since April 2024, showcasing its operational efficiency and growth.
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