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The altnet has been deploying fibre networks in south Wales since 2021
Wales’ largest altnet Ogi has secured £45 million in funding from the Cardiff Capital Region (CCR) to support the next stages of its fibre rollout.
Set up in 2017, the CCR represents 10 local councils from across South East Wales and provides funding for projects aimed at job creation and critical infrastructure development across the region.
For Ogi, the new funding will allow the altnet to expand its full fibre footprint across Blaenau Gwent, Bridgend, Caerphilly, Cardiff, Merthyr Tydfil, Monmouthshire, Newport, Rhondda Cynon Taf, Torfaen, and the Vale of Glamorgan. The company already has fibre network deployments in each of these regions.
“With key strategic sites like Aberthaw to the south and the heads of the valleys to the north, there’s massive potential across the capital region – and partnering with CCR at such an exciting time in their own development is the next logical step for Ogi’s growth in southeast Wales,” said Ogi’s CEO Ben Allwright in the announcement.
“Ogi has taken regeneration to a new level with its initial investment – connecting communities to new possibilities right across the Cardiff Capital Region and beyond,” said Councillor Mary Ann Brocklesby.
“Our investment into Ogi recognises that ongoing commitment to boosting the region, and the work already being done to bring vital connectivity to some of Wales’s biggest towns and villages,” she continued.
The exact number of new premises to be covered as a result of this funding was not revealed.
Ogi secured its first funding round from Infracapital in 2021 and has since then provided 100,000 premises in South Wales with fibre-to-the-premises. Currently, one in five of those premises have signed up as a customer.
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