Community Fibre will supply gigabit full-fibre broadband products to VodafoneThree customers across its London footprint, delivering symmetrical download and upload speeds up to 2.5 Gbps. The agreement enables VodafoneThree to offer services to approximately 1.3 million homes in the London region. Community Fibre is owned by funds advised by Warburg Pincus, DTCP Railpen and NDIF and positions itself as the capital's largest 100% full-fibre provider. The provider offers plans from 35 Mbps to 10 Gbps and has raised about £1.1bn in total funding to expand its rollout, while also selling an eSIM usable across the UK.
UK independent broadband provider Community Fibre is to offer gigabit broadband products to customers of VodafoneThree across its full-fibre footprint in London. By using Community Fibre's network to provide symmetrical download and upload speeds of up to 2.5 Gbps, VodafoneThree will be able to offer its own full-fibre products to 1.3 million homes in the London region. Owned by funds advised by Warburg Pincus LLC, DTCP Railpen and NDIF, Community Fibre claims to be the capital's largest 100% full-fibre broadband provider.
The altnet gained an initial £400m in funding in 2020, followed by a finance facility of £985m in October 2022, which was the spur of a plan to roll out a full-fibre broadband network to 2.2 million London homes by the end of 2024. In October 2024, the provider raised further funding of £125m, bringing total investment in the company to £1.1bn. Even though Community Fibre Broadband operates exclusively in London, as well as parts of Surrey and Sussex, the Community Fibre eSIM can be purchased and used by anybody living in the UK.
Community Fibre regards the deal as marking a significant milestone in Community Fibre's growth strategy, reflecting the increasing demand for ultrafast, reliable broadband services across the UK. It expects to benefit from VodafoneThree's scale and reach, expanding its wholesale capabilities and customer base across the capital, facilitating its business growth and reinforcing what the company believes is its status as a significant entity in the wholesale market.
Collection
[
|
...
]