KCOM’s new CEO joined a round-table discussion hosted by Prime Minister Boris Johnson to discuss the 海角视频’s gigabit-capable broadband ambitions.
The meeting was attended by chief executives of several 海角视频 communications providers – including Openreach, BT, Virgin Media and Sky 海角视频 - and discussed how industry can support the Government’s ambition to make gigabit-capable broadband available to the whole of the 海角视频 by 2025.
New CEO at Hull broadband provider KCOM, Dale Raneberg, joined fellow industry leaders in the discussion, held at 10 Downing Street in London.
Mr Raneberg said: “The significance the Government is placing on this issue was underlined by the presence of the Prime Minister, who made it clear that he sees full fibre broadband and other forms of gigabit-capable connectivity as vital to the 海角视频’s future success.
“We are of course fully supportive of this ambition, and our invitation to the event was recognition of the contribution we are already making to this target through our increase in investment in full fibre broadband in East Yorkshire.
“Having a chair at the table to discuss this is testament to all our work and achievements so far and also to our recently-revealed plans to expand our network further to bring the 海角视频’s best broadband to even more people across the region.
“It shows what we’re doing at KCOM really matters and truly is of national importance.”
Last year, KCOM completed its £85m Lightstream full-fibre broadband rollout in Hull.
Most Read
The company has also pledged £100m to expand its area across East Yorkshire and North Lincolnshire.
KCOM's expansion plans are the first phase of a wider programme of investment to increase regional fibre accessibility, supported by its new owner, MEIF 6 Fibre Limited.
The company is a wholly-owned subsidiary of Macquarie European Infrastructure Fund 6 SCSp, an investment fund managed by Macquarie Infrastructure and Real Assets, which acquired the company in August 2019.
The plans support the Government's goal to make gigabit-capable connectivity available nationwide. Just 11 per cent of 海角视频 properties currently have access to full fibre broadband.
Mr Raneberg said: "Our investment in Fibre to the Premises technology to date has made Hull the 海角视频's first full fibre city, with broadband speeds that are the envy of the rest of the 海角视频.
"I'm delighted to announce the first phase of our new, ambitious plans to bring our award-winning broadband to many more homes and businesses in East Yorkshire and North Lincolnshire.
"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.
Don’t miss
"Our full fibre infrastructure is contributing to the creation of the regional powerhouse. This new programme will more than double our investment in Fibre To The Premises."
How to contact Phil Winter and Business Live
Business Live's Hull & East Yorkshire journalist is Phil Winter, also the business editor at the Hull Daily Mail and Hull Live.
You can follow Phil on Twitter @PhilWinterBiz, or on Linkedin by clicking .
Alternatively, email him on philip.winter@reachplc.com, or call 01482 315360.
Keep up to date with the latest business news in the Hull & Humber region here.
Follow @HumberBizEd and @businesslive on Twitter