Nexfibre, a prominent fibre network operator, has reached a significant milestone by surpassing the 800,000 premises mark, according to its latest quarterly rollout update. The company, on a mission to transform full-fibre broadband accessibility, has outlined its progress, revealing ambitious plans to achieve 5 million premises by 2026. With a strategic focus on enhancing national-scale competition, Nexfibre aims to become the second-largest fibre network in the UK by the end of this year.
Nexfibre’s Quarterly Update:
Current Milestone: 800,000 Premises
Nexfibre confirms that over 800,000 premises are now passed and ready for service (RFS), showcasing the company’s substantial infrastructure development.
2026 Vision: 5 Million Premises
The quarterly rollout update affirms Nexfibre’s commitment to reaching 5 million premises by 2026, reinforcing its dedication to widespread full-fibre accessibility.
Expanding Footprint: New Locations in 2024
Nexfibre outlines expansion plans for 2024, targeting regions such as Lincolnshire, Durham, Cheshire, Lancashire, Derbyshire, Kent, Buckinghamshire, with a specific emphasis on Wales and Scotland.
CEO Perspective: Rajiv Datta’s Statement
Rajiv Datta, Chief Executive of Nexfibre, expresses pride in the company’s progress and emphasizes the goal to provide lasting national-scale competition in the full-fibre market across the UK.
Infrastructure Investment: GBP 1 Billion Commitment
Nexfibre’s significant commitment to invest GBP 1 billion in broadband infrastructure this year underscores its dedication to driving long-term competition in the fibre access market.
In Shorts: Nexfibre’s latest milestone signifies a notable step forward in the company’s mission to revolutionize full-fibre broadband accessibility in the UK. With ambitious expansion plans, a focus on strategic regions, and substantial infrastructure investment, Nexfibre aims to solidify its position as a key player in the national-scale fibre network competition. As the company actively works towards its 5 million premises goal by 2026, the UK can anticipate enhanced connectivity and increased market competitiveness.
