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Author Topic: Rural Broadband ISP Gigaclear Gets 25m Euro Loan to Expand Network  (Read 1172 times)

Bowdon

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Ultrafast fibre optic ISP Gigaclear, which is rolling out a 1Gbps capable Fibre-to-the-Premises (FTTP) broadband network to rural communities across the United Kingdom, has bagged some additional investment in the form of a €25m loan.

http://www.ispreview.co.uk/index.php/2016/01/rural-fttp-broadband-isp-gigaclear-gets-25m-euros-loan-to-expand-network.html
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kitz

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Re: Rural Broadband ISP Gigaclear Gets 25m Euro Loan to Expand Network
« Reply #1 on: January 18, 2016, 07:00:49 PM »

Quote
However beyond that they also have commercial plans to reach another 30-40K premises (around 80,000 total), which is likely to require further investment. Gigaclear has already managed to attract £48.6 million in investment and now they’re about to get another €25m (£18m) via a loan.

Wonder where they are thinking of going next?   No doubt that will make someone somewhere happy:)
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