Broadband News

£75 million of investment to allow TrueSpeed to reach more with full fibre

Every provider starts from a small footprint but with £75 million of new investment from Aviva Investors the full fibre operator TrueSpeed look set to rapidly expand across the South West.

TrueSpeed work on a demand led model not unlike Gigaclear, and usually need a 30% sign-up rate before rolling out to an area, so it is very much a case of getting communities together and finding out if TrueSpeed can reach you.

Burnet is apparently one of the latest villages to join the network and with the new funding we expect to see many more joining in the next couple of years.

Comments

Wow. Significantly more than Gigaclear got last year, but not as much as Gigaclear got this year.

Not bad, considering that Truespeed seems relatively small at the moment.

I wonder if this tells us something about CDS lot 1?

  • WWWombat
  • 4 months ago

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