KCOM Group is planning to spend £100 million ($131 million) to expand its full-fiber broadband network in England.
“Our full fiber infrastructure is contributing to the creation of a regional powerhouse,” said Dale Raneberg, chief executive at KCOM. “By investing to develop and expand our networks we hope to deliver benefits to residents through infrastructure that will also underpin growth and innovation across the region.”
Last year, KCOM completed a full-fiber rollout to 200,000 properties across Hull and East Yorkshire, England. With the new development, KCOM is hoping to reach tens of thousands more homes and businesses.
“This new program will more than double our investment in Fibre To The Premises,” noted Raneberg.
Last August, Macquarie Infrastructure and Real Assets (MIRA) purchased KCOM for £627 million ($761 million). The expansion is the first phase in a larger investment program backed by the new owner, which aims to increase re
