Cloud companies acquires UK-based optical fiber company

OpticalTel becomes AIP's sixth investment through its mid-cap fund

Full switchover has been moved forward to April 2024, as opposed to 2025

Copper cables to be replaced with fiber-optic

Currently working with Citigroup to find partners

475km of fiber-optic backbone cabling has been deployed

Sabey recently broke ground on the facility which is expected to open by the end of 2023

Giganet wants to become the UK's best ISP

The fiber broadband provider claims to be first in the UK to do so

Cables connecting Paris to the cities of Lyon, Strasbourg, and Lille cut in several places

17km of water mains to eventually receive fiber

Project aims to combine water and fiber infrastructure in rural areas

Company looking to monetize spare capacity on 20,000km of fiber its laid next to train tracks

New startup from NextDC-founder Bevan Slattery promises high-speed fiber across the whole country

The company hopes the change will cause several positive knock-on effects