Commsworld’s total turnover has increased to £36.9m, up from £36.5m in 2023. Its pre-tax profit rose from £4.6m to £4.7m in the same period while EBITDA reached £7m, up from £6.6m.
News
GoFibre is progressing its Project Gigabit rollout in Durham-Teesdale with work in Witton-le-Wear, County Durham.
Tim Shaw is stepping down as KCOM CEO after three years at the helm and six and a half years at the business.
Matthew Hare is stepping down from his Executive Leadership role at FullFibre.
Matthew Skipsey has joined Netomnia as MD of its Wholesale Division, which provides open access to over 2.5 million premises.
Quickline Communications has sponsored the Institution of Engineering and Technology’s (IET) national robotics competition FIRST LEGO League to drive STEM interest for young people in Yorkshire.
TalkTalk has secured a £100m capital injection from existing backer Ares Management, according to Sky News.
CityFibre has awarded £40,0000 to digital inclusion charity Cambridge Online as part of its new Community Fund scheme, aimed at addressing barriers to digital inclusion.
Grain’s mission to pass one million premises with its organic build took a significant step forward this week with the altnet securing a further £225m in investment from HPS Investment Partners. Here CEO Richard Cameron shares with Fibre Provider how the funds will be deployed, details how Grain hit EBITDA positivity at 40,000 customers and reveals his long-term roadmap to build a high-return business with 40% market share on its network.
Zen Internet is marking a key milestone and has achieved Amazon Web Services (AWS) Small and Medium Business Competency, a specialisation that recognises the company as an AWS Partner with a unique focus on small and medium size customers (SMBs).