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Infracapital-backed alternative network operator and ISP Ogi, which has deployed their FTTP broadband network across 100,000 homes and businesses in South Wales (RFS), has managed to expand their full fibre spine in Cardiff to reach more businesses following an earlier deal to hook up Cardiff Arms Park as an anchor tenant.
Some of the city’s best-known food and drink retailers have now been connected as part of the recent expansion, with Ogi’s new full fibre spine cable running through the westgate entrance to Central Square. Work is now continuing in areas around the bay and north Cardiff, with a growing number of city centre businesses also on board.
Speaking of all this. Ogi’s parent company, Spectrum Fibre Limited, recently posted their annual accounts to the end of December 2024 and reported a turnover of £7.8m (2023: £4.2m), although the company also made a loss for the financial year of -£32.9m (2023: -£26.8m). The company also reported total assets less current liabilities of £102.6m (2023: £110.6m), albeit with net liabilities of -£88.2m (2023: -£55.2m). But there was no update on their latest premises passed or customer figures.
Ogi’s Director of Business Sales, Andy Dow, said:
“We’ve now got a major piece of digital infrastructure right in the city centre – and the Arms Park install was the catalyst for that. It means we can offer business-grade services to more and more businesses across the capital, with ultrafast speed and enterprise-level support baked in.”