Virgin Media and Nexfibre’s FTTP Reaches 20,000 Extra Yeovil Homes

Network operator nexfibre, which shares some of their parentage with UK broadband ISP partner Virgin Media (O2), has today announced that they’ve added 20,000 additional homes in the Somerset (England) town of Yeovil to the coverage of their new 2Gbps speed Fibre-to-the-Premises (FTTP / XGS-PON) broadband network.

The roll-out should give a boost to the town, but it’s worth noting that Yeovil is already well covered by full fibre lines from Openreach and Jurassic Fibre (All Points Fibre). A little bit of Gigaclear and Wessex Internet can also be found in the area. Confusingly, Virgin’s press release also mentions a figure of both “18,000” and “more than 20,000” homes for Yeovil, so we’ve picked the roundest number.

NOTE: Virgin Media is the only ISP on nexfibre’s network via an “exclusive partnership” (here), but they’re planning to add more providers in the future (here). Virgin’s own network will shortly also open up to wholesale via NetCo (here).

Nexfibre has already covered over 1 million premises across the UK with their new full fibre network, and they’re currently in the process of investing another £1bn during 2024, which should enable them to cover an additional 1 million UK premises (on top of their existing footprint).

Just for some context. Telefónica, Liberty Global and InfraVia Capital Partners originally setup the new £4.5bn nexfibre joint venture in 2022 (here), which aims to deploy an open access fibre network to reach “up to” 7 million UK homes (starting with 5m by 2026) in areas NOT currently served by Virgin Media’s network of 16m+ premises. The funding reflects £3.3bn of fully underwritten financing and up to £1.4bn in equity commitments.

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