Community Fibre

SEQI has supported Community Fibre, the UK’s top ranked Broadband provider according to the UK’s consumer champion Which? and the Internet Service Providers’ Association (ISPA), in its new finance facility.

SEQI provided £45m to Community Fibre as part of a £125m fundraising from lenders including JP Morgan, Barclays, LBBW and Alpha Bank. This Senior Secured financing package will be utilised to support penetration and accelerate the company’s growth.

Established in 2013, Community Fibre builds, operates, and owns its 100% full fibre network, making available the most advanced technology with the fastest speeds to 1.3m homes and businesses across London. Community Fibre has connected more than 310,000 residents and businesses across the capital and has seen an 85% increase in its customer base in the past 12 months as more people look to alternative networks for faster, more affordable 100% full fibre broadband.