Network operator nexfibre and retail ISP partner Virgin Media (O2) have today confirmed that they’ve made their symmetric 2Gbps speed capable Fibre-to-the-Premises (FTTP) broadband network available to more than 14,000 homes in the North Yorkshire (England) towns of Filey and Pickering for the first time.
Until now, the most widely available gigabit broadband networks in Filey had come from Swish Fibre (aka – AllPoints Fibre) and Quickline, although Openreach had a few sporadic patches of FTTP coverage in the town too. As for Pickering, the biggest full fibre network had come from Openreach, albeit with a small deployment from FibreNest present in one part of the town. But now locals will clearly have a bit more competition to consider.
Nexfibre itself has already covered 2 million premises across the UK with their new full fibre network (here) and many more will follow. Just for some context. Telefónica, Liberty Global and InfraVia Capital Partners originally set up their 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.