4th Utility secures £25m investment from NIBC Bank

Connectus is investing an additional £500,000 at Doncaster Airport Business Park, which will allow the company to expand its work in and around the site’s Innovation Centre that includes 140 business units for start-ups and expanding businesses.

Openreach is continuing to roll out faster broadband across the UK, and has connected around 8,000 residents in Barnet to its upgraded network, improving digital access to essential services.

A refinancing deal to inject almost £500m into CityFibre by shareholders is being negotiated by investors to provide fresh equity funds that would be partly used to finance further altnet takeovers.

The west of England is stepping up its digital game with a new initiative that hopes to help unlock a £1.3 billion annual boost to the region’s economy powered by private investment in better broadband and mobile connectivity – a boost that will benefit the 16,000 local residents still not connected to superfast broadband.