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Cybermoor seeking £150,000 of social investment to build more FTTH
Friday 12 June 2015 17:54:09 by Andrew Ferguson

Interested in helping some of the more rural parts of UK get access to superfast broadband? If so then it appears Cybermoor has an investment opportunity as it is seeking £150,000 of social investment by 31st July 2015.

The project is aiming to bring FTTH to some 300 premises in the South Tyne Valley area (though some outlying premises may receive wireless) and is one of the Innovation Fund projects championed by the DCMS and thus is in line for £450,000 of public money too. This project is an extension of the existing Cybermoor service in the Alston Moor which has 30 connected premises (300 passed) and some 308 wireless customers across the Pennines. The project is hoping to gain 150 to 225 customers by the extension down into South Tyne Valley.

The initial service offerings will be a 10 Mbps service at £24 per month and a 30 Mbps service at £42 per month, with the capability to offer faster speeds in the future.

The network is a partnership with Briskona (parent company is Eurona from Spain) who are the retail face of the operation. While raising the £150,000 in under 8 weeks looks a tight schedule, Eurona are underwriting this amount with the share offer covering the full relationship.

With a premises passed cost of £2,250 (total declared project cost is £675,000) the costs are more in line with previous predictions compared to the £1,000 or less than B4RN have declared. The final ratio of FTTH to wireless and the levels of take-up will be key factors for the DCMS to consider when running the final assessments and whether the model can be reproduced, plus what might be the future costs of increasing the access speeds.

Comments

Posted by herdwick about 1 year ago
£2250 per premise passed and 30 connected customers of 300 passed. That's £22.5k per connected customer ?
Posted by gah789 about 1 year ago
Their business plan is based on 300 new customers with 75% takeup (similar to B4RN). The costs are much higher than for B4RN because the population is much spread out with small villages on the 14 km route. Critically, they have to rely upon wireless rather than fibre backhaul so this is only partially a fibre project. It shows the costs and difficulties of providing superfast broadband in rural areas of (very) low population density.
Posted by TheEulerID about 1 year ago
The other issue about cost is that this appears to be commercial, and not volunteer-based labour. As such, it's bound to have a different cost profile.
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