£150m invested to build the UK’s fastest broadband in 14 towns

May 23, 2021

Netomnia, the gigabit full-fibre network investor and builder, announced today a total investment of £150m in full-fibre networks as it began network construction in 11 further towns across the UK (see table below), in addition to its networks already serving customers in Durham, Peterlee and Spennymore. The networks combined will pass 500,000 premises as part of Netomnia’s mission to reach 1m UK premises by 2024 with full-fibre broadband. It has already started building in the towns and connecting customers in a number of them.

Founded in 2019 by Jeremy Chelot (ex-CEO of Community Fibre) and joined in 2020 by Wil Wadsworth (ex-FD of Gigaclear), Netomnia is making a £multi-million investment to build high-quality, future-proofed gigabit networks across the UK, using Openreach’s Physical Infrastructure Access (PIA). The company is aiming its services at towns which it considers to have been neglected by other broadband service providers.

Netomnia’s networks provide symmetrical (equal upload and download speeds) gigabit services up to 10 Gbps (10,000 Mbps) using XGS-PON technology, which supports higher speed 10 Gbps symmetrical data transfer. Netomnia acts as a wholesaler to other ISPs, as well as sister company ISP YouFibre (www.youfibre.com).

Customers are already connected to and using Netomnia’s ultrafast services in Peterlee, Spennymoor and Durham. Boston and Spalding will go live later in May 2021; Cheltenham, Stroud and Barrow in June 2021; and Ashford, Canterbury, Houghton, Kings Lynn, Stockton and Wisbech in July 2021.

Netomnia’s investment in gigabit networks will futureproof online connectivity and meet bandwidth requirements of homes and businesses for decades to come. Full fibre uses fibre-optic cables to deliver broadband services direct to homes and businesses, providing faster and more reliable speeds than copper-based networks developed in the 1800s.

Broadband services can be purchased by ISPs, including YouFibre, which offers a range of domestic and business broadband packages with standard prices starting from £22 per month. All YouFibre’s domestic packages include unlimited access, a Wi-Fi router, a ‘no price rise promise’ within contract, and 24/7 access to a UK-based team of experts for support.

Jeremy Chelot, Netomnia founder and CEO, said: “Full fibre is vital to the development of the UK economy, and recent times have proven the vital role that ultrafast reliable connectivity plays in enabling communities and businesses to continue to thrive. Private investment from Netomnia into ultrafast networks will boost local economies by providing jobs, making property more saleable and enabling a much more attractive base for businesses. They are vital for trade, finding work and enjoying spectacular entertainment and gaming opportunities more effectively than in places where broadband providers have been solely profit focused, or simply by-passed.

“This is not just a commercial opportunity for me and Netomnia. The internet transforms lives, it’s a great leveller; if you haven’t got it or you’ve a poor connection you’re disadvantaged. I want to see the prosperitry the internet can bring to towns where others haven’t bothered to turn up, or have made minimum effort. We’re not holding onto cash, we’re investing and Netomnia’s desire to connect people in previously forgotten but now fast towns. And the level of service from our ISP YouFibre is already embarrassing internet pretenders, and that also drives us forward.”

Customers who want to obtain or register for broadband service should visit www.netomnia.com where they will find Netomnia’s broadband retail partners.