Wholesale connectivity provider, Netomnia, has announced further growth plans for its full fibre network in Avon and North Wales.
In a series of news releases the company, who builds infrastructure to enable ISP’s to provide their broadband services, has revealed an initial investment of £47.7 million in Bristol and up to £12 million in Wrexam and the surrounding area.
In Bristol Netomnia is targeting 159,000 premises starting in the suburb of Downend before extending into the communities of Kingswood and Filton, whilst in Wrexam 40,000 premises are targeted via a partnership with GForce.
Wrexham, which will receive city status on 1st September 2022 as part of the Queen’s Platinum Jubilee, is Netomnia’s third location in Wales, following on from 29,000 premises in Barry and 55,000 premises in Bridgend.
CEO, Jeremy Chelot, said “Marking our third location in Wales, we know that our network will provide real benefits to the area for generations to come and we look forward to continuing our expansion across the UK.”
The group, YouFibre and Netomnia, have secured £418 million in funding since 2020. The majority – £295 million – has been raised via a funding round led by DigitalBridge Investment Management (DigitalBridge). Earlier this year, DigitalBridge principal Manjari Govada said of “We have been highly impressed with the growth of the business and the best-in-class team he [Jeremy Chelot] has assembled.”
Jeremy Chelot will join a panel discussion on building future-ready 5G and advanced FTTH networks in the UK at Connected Britain on the 20 September. To secure your seat visit the website totaltele.com/connectedbritain