Up to 50 towns and cities to enjoy gigabit-speed fibre-optic service in Hyperoptic’s £250m investment

The UK’s bid to improve its broadband infrastructure has been given a boost as the fibre-optic company Hyperoptic, which is backed by investors including the billionaire financier George Soros, raises £250m to roll out gigabit speed lines to 20 more towns and cities.

Hyperoptic will use the money to start to make its fibre broadband service available in towns and cities including Oxford, Swansea, Middlesbrough and Bournemouth, with the number of homes able to sign up rising from a target of 2m to 5m by 2025.

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