Category: Virgin Media Broadband

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CityFibre seeks to raise £185m of funding to build its vision of Gigabit Britain 0

CityFibre seeks to raise £185m of funding to build its vision of Gigabit Britain

CityFibre is doing things differently to how full fibre roll-outs are seen by many people, i.e. they operator as the wholesale dark fibre provider with invariably local Internet providers partnering in the towns where their network has been rolled out with local authorities and large businesses often acting as the anchor tennant to ensure that the network does not sit dormant for decades and be just another fibre white elephant. The big news today it is raising £185 million to invest in expanding its footprint and crucially for the public to commence in 2018 actual fibre to the home roll-outs in five to ten new towns and cities in addition to the metro fibre network that underpins the Gigabit City claims.

CityFibre Infrastructure Holdings PLC (“CityFibre” or the “Company”), a designer, builder, owner and operator of fibre optic infrastructure in UK towns and cities, today announces that it intends to raise minimum gross proceeds of £185 million at 55 pence per share, fully underwritten by Citigroup, finnCap, Liberum and Macquarie (the “Banks”) (the “Firm Placing”), with the intention to raise further proceeds through an accelerated bookbuilding process which will be launched immediately following this announcement (the “ABB Placing”) (together, the “Placing”). In addition, the Company intends to raise further gross proceeds of up to £15 million through a non-underwritten offer for subscription (the “Offer for Subscription”). CityFibre on Investment The metro fibre network currently exists in 42 towns and cities across the UK and the expansion is intended to take this to not less than 50 areas by 2020.

The York trial is described as demonstrating strong demand and apparently negotiations are at an advanced stage with retailers to market full fibre services using an expanded CityFibre network. Hopefully this means that as 2018 progresses rather than talking about a rapidly increased number of premises actually passed by FTTH from CityFibre and as with York report on the speeds people are getting (homes passed using the internationally accepted definitions means in York there are 20,000 to 25,000 premises believed to be passed currently. The recent placing of CityFibre in the centre of the £400m HM Treasury Ultrafast broadband investment fund is now much clearer since CityFibre appear keen to continue raising capital to continue to take custom anyway from the traditional leased line market leaders but are also seeking to expand more into the consumer arena with partners.

The purchase of Entanet for £29 million may be a surprise for some, but with Entanet as a well established wholesaler that has some 1,500 partners it providers a perfect avenue for dealing with the long tail of smaller providers who often provider local IT services in addition to broadband connectivity to businesses operating in their local area. This should help to increase the number of business customers and home workers/prosumers signing up to the full fibre services. What is clear for the next few years is that firms who do cable laying are going to be very busy and it may be that access to labour and potentially rising costs if supply is short might actually be what holds back a vision of a full fibre UK more than access to funding.

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Peak and off peak performance at largest broadband providers in June 2017 0

Peak and off peak performance at largest broadband providers in June 2017

Peak and off peak performance at largest broadband providers in June 2017 It is time to take a harder look at what the masses of speed test results that we get from our broadband speed test 1  tell us about the largest broadband providers and by looking at this each month of the year over time it is possible to get a sense for which providers get closest to keeping people happy during the busiest times of the day. Off-Peak Tests Results June 2017 Off-Peak defined as midnight to 5.59pm Median Average Provider tbbx1 Test (1 download) httpx6 Test (6 downloads) % difference Upload Speed Quality Latency BT 25.9 Mbps 29.1 Mbps -11% 5.9 Mbps 1.00 41ms EE 11.3 Mbps 12.3 Mbps -8.1% 0.8 Mbps 1.00 49ms Plusnet 19.7 Mbps 22.2 Mbps -11.1% 1.6 Mbps 1.00 48ms Sky 13.6 Mbps 16.4 Mbps -17.1% 3.1 Mbps 1.00 52ms TalkTalk 12.2 Mbps 13.9 Mbps -12.2% 0.9 Mbps 1.00 54ms Virgin Media 40.3 Mbps 61.4 Mbps -34.3% 6.1 Mbps 1.00 44ms The quality metric stands out a lot this month as all of the big five are identical, or more precisely figure is capped at the value of 1 (i.e. the best value we display).

After many months of monitoring this score this is the first time this has happened, and suggests maybe its time for a recalibration and further extra investigative work. The good news is that on the basis of the median scores that the five major providers overall have had a good month, though as always with an average no matter whether its the median or mean there are always those that under perform and over perform. Peak Tests Results June 2017 Peak time defined as 6pm to 11:59pm Median Average Provider tbbx1 Test (1 download) httpx6 Test (6 downloads) % difference Upload Speed Quality Latency BT 25.7 Mbps 27.5 Mbps -6.5% 5.6 Mbps 1.00 43ms EE 11.7 Mbps 13.5 Mbps -14.6% 1.3 Mbps 1.00 50ms Plusnet 19.3 Mbps 23.1 Mbps -16.4% 1.7 Mbps 1.00 48ms Sky 12.1 Mbps 15.6 Mbps -22.4% 2.3 Mbps 1.00 55ms TalkTalk 11.9 Mbps 14.4 Mbps -17.4% 1 Mbps 1.00 56ms Virgin Media 33.7 Mbps 53.2 Mbps -36.6% 5.9 Mbps 1.04 39ms The main speed test results suggested that Virgin Media had improved and at peak times they are only provider from the big 6 to breach the magic best score of 1.00 on quality, telling us that there is still a sizeable tail of users having problems, but that this is less of an issue than it was in May.

In fact looking through our monthly data sets the quality score is back in line with results from 2015.

Comments Post a comment Login Register 2 3 References ^ broadband speed test (www.thinkbroadband.com) ^ Login (www.thinkbroadband.com) ^ Register (www.thinkbroadband.com)

TalkTalk customers set for broadband price hike 0

TalkTalk customers set for broadband price hike

TalkTalk is increasing the price of its broadband packages, with most of the changes taking place at the beginning of August. The provider said it will notify its customers of any price rises that affect them directly. Two broadband packages are increasing from tomorrow (30 June) – Fast Broadband is going from £25.50 to £27 and Faster (fibre) Broadband is going from £32 to £33.50.

Each of TalkTalk’s Simply Broadband and Essentials Broadband packages is going up by around £2 from 1 August. Some call charges are also being increased from 1 August. Standard call rates to UK landlines and mobiles will be charged at 13.5p per minute, up by a penny, while standard connection charges are going up from 18p per call to 20p per call.

Premium number access charges are also going up, from 7.5p per minute to 10.5p per minute. Customers who’ve signed up to one of TalkTalk’s fixed price 18-month contracts will not see an increase – but for those on so-called ‘legacy’ packages it’s a second price hike in little more than six months. TalkTalk increased prices across the board in November and December last year as it launched its ‘fixed low price plans’ 1 and merged line rental and broadband costs together. ‘Investing millions’ A TalkTalk spokesperson said: “Changing our packages and pricing is never a decision we take lightly but we’re committed to bringing our customers the best value products and services. “We’ve been investing millions in improving our unlimited broadband network, making our TV service faster and simpler to use, and introducing industry-leading security services and calling features which we provide as standard. “Whilst making such improvements mean that some prices will increase, we’re determined to put our customers first and TalkTalk customers continue to make a saving of up to £333 in comparison to BT, Sky and Virgin Media.” Last month, TalkTalk said a million customers 2 had fixed their prices for 18 months by opting for an 18-month plan.

CEO Tristia Harrison said the company had rediscovered its DNA as a challenger brand with “a single minded focus on our customers”. Why do we need your postcode? Once you enter your postcode, Cable.co.uk will perform a live lookup and check all the available providers in your area.

This ensures you receive accurate information on the availability of providers and packages in your area. Your information is safe with us. We won’t share your postcode with anyone.

Guaranteed.

Close 3 References ^ ‘fixed low price plans’ (www.cable.co.uk) ^ a million customers (www.cable.co.uk) ^ Close (www.cable.co.uk)