Hyperoptic
London
About Hyperoptic
Hyperoptic's true superfast broadband technology differs from the services currently offered by most other leading UK internet service providers in that it provides unimpeded fibre speeds directly to the premises. Other so-called ‘superfast fibre' services are generally hybrids, relying on existing infrastructure and dated copper cables to make up at least part of the line, resulting in drastically reduced internet speeds and unpredictable performance. The UK currently lags behind other international markets when it comes to the availability of true hyperfast broadband, with FTTH technology available in less than 1 per cent of homes. In contrast, Japan boasts over 50 per cent penetration and the US around 10 per cent, according to FTTH Council Europe. With an aggressive expansion and development plan fuelled by this new investment, Hyperoptic is now primed to play a significant role in closing this gap.
Company Facts
- Operating status: Active
- Company type: For Profit
- IPO status: Private
- Employees: 1,001 – 5,000
- Estimated revenue: $10K – $50K
- Total funding: $545.6M
- Funding stage: M&A
- Last round: Series Unknown (Nov 2018)
- Website: hyperoptic.com
- Phone: +44 333 332 1111
Industries & Categories
Internet, ISP, Telecommunications
Social Profiles
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