Rural broadband ISP Gigaclear, which has already extended their gigabit speed Fibre-to-the-Premises (FTTP) network to cover 500,000 premises (RFS) in England (inc. 100,000 customers), has launched their new “Summer Savings” and discounted the price of their top 500Mbps and 900Mbps tiers to just £25 and £29 a month, respectively.
The promotion is due to run until the 2nd July 2024 for the 500Mbps package and 31st July for their top 900Mbps tier. New customers who take up this offer will get the discounted rate for their first 18-months of service, as well as free installation and an included router. But after this period the 500Mbps package will return to its standard post-contract price of £54, while their 900Mbps plan becomes a whopping £82 per month.
The provider is principally owned by major investor Infracapital, together with Equitix and Railpen. The company previously had investment commitments estimated to be worth up to around £1.1bn (here), although at the end of last year they also secured a new £1.5bn debt facility (here) and recently won the £16.6m Project Gigabit rollout contract for East Gloucestershire (here), as well as the contracts for North and South Oxfordshire (here).
Infracapital also owns or has stakes in WightFibre, Neos Networks, Fibrus and Ogi.