Hyperoptic has carried out a trial of fast home broadband - touching 10Gb/s - at East Village, the site of the London 2012 Athletes’ Village. The company was able to demonstrate speeds it says are some 276 times faster than the average speed a UK consumer receives today, to a UK home, using an existing service provider network, rather than a new, dedicated line.
LONDON, UK -- Dana Tobak, CEO of Hyperoptic, the UK’s largest residential gigabit broadband provider, has been awarded a CBE for her services to the broadband industry.
A CBE (Commander of the Order of the British Empire) is awarded for outstanding work in an individual’s respective field.
Dana Tobak is a renowned broadband entrepreneur. In 2005 she co-founded Be Unlimited, which spearheaded the move to ADSL 2+ and provided a record-breaking service of 24Mbps. It acted as a market catalyst for an industry-wide uplift in broadband speeds and was quickly acquired by O2.
Britain has a reputation as a backwater when it comes to fibre-optic broadband connections that reach directly into consumer’s homes. Currently, only two per cent of households in the country have access to full fibre connections. But that looks set to change. This summer, some £500 million of equity and new debt have been invested in alternative network providers in the UK.
Fibre-based service provider Hyperoptic has secured an additional £100 million in funding to accelerate the deployment of gigabit broadband networks to UK consumers.
The cash injection comes from a consortium of four tier-one European banks: BNP Paribas, ING, RBS and Dutch investment bank NIBC. LionTree Advisors acted as Hyperoptic’s financial advisor.
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