150,000 Premises in Wales to Get FTTP Broadband Under New Deal

150,000 Premises in Wales to Get FTTP Broadband Under New Deal

Cardiff-based UK ISP Spectrum Internet, which earlier this year revealed that they hoped to build a new 1Gbps Fibre-to-the-Premises (FTTP) broadband network to 150,000 homes and businesses across South Wales (here), has today announced that they’ve secured enough investment from Infracapital to get started.

The project, which is expected to result in the creation of a further 140 jobs, will see Infracapital, the infrastructure investment arm of M&G Plc, provide cornerstone funding to help Spectrum Internet begin their deployment across parts of South Wales. The plan is to complete this initial build by around the end of 2025.