3 years ago

Netomnia Secures £295 Million to Expand UK's Broadband Infrastructure

  • UK-based broadband infrastructure provider Netomnia and its ISP YouFibre have secured £295 million in funding, led by DigitalBridge Investment Management

  • The funding will be used to roll out a multi-gigabit broadband network across the UK, targeting underserved locations

  • Netomnia, founded in 2019, has now raised a total of £418 million to date and aims to connect one million premises within the next two years.

      • ProblemTechnology Infrastructure

      "Many areas in the UK lack access to high-speed broadband, limiting their ability to participate in the digital economy."

      Solution

      "Netomnia is building a full-fibre network to deliver multi-gigabit broadband to underserved locations in the UK, providing faster internet speeds and better connectivity."

      Covered on