Alternative network operator and broadband ISP CommunityFibre, which has deployed their 10Gbps capable Fibre-to-the-Premises (FTTP) network across around 1.4 million UK premises (mostly in London), has today announced that their customer base has grown to 300,000 (up from 200,000+ on 27th Nov 2023).
The provider states that they’ve seen an 85% increase in their customer base over the past 12 months as more people look to alternative networks (Altnets) for faster, more affordable fibre broadband. The company, which is backed by a finance facility of £985m, also announced it has been Ebitda positive throughout Q2.
NOTE: CF is backed by shareholders Warburg Pincus LLC, DTCP, Railpen and NDIF, and its lenders including recent backers JP Morgan and Barclays.
Breaking news.. more to follow..