TalkTalk intends to sell its direct B2B business to The Daisy Group for £175 million. The two companies have each signed heads of terms on a proposed deal which would transfer all existing TalkTalk direct B2B customers to Daisy.

The deal includes around 80,000 small, small to medium and large businesses, and TalkTalk says that this represents less than 20 per cent of the company’s B2B revenues. The transaction is subject to contract, with the intention to complete in late July 2018.

UK Chancellor, Philip Hammond announced in his speech at the annual Confederation of British Industry (CBI) dinner a pledge to make full fibre to the premises (FTTP) connections available to most homes and businesses by 2025 as part of the government’s Modern Industrial Strategy.

BT has set out its latest strategy update as part of the incumbent’s full year results for 2017-2018. Revealed in the update is the intention to increase its FTTP and mobile infrastructure investment within an annual capex allocation of around £3.7 billion.

The Independent Networks Cooperative Association (INCA) and Point Topic have partnered to publish a new report: Metrics for the UK altnet sector Scale, coverage, ambitions, concerns. Amongst the key findings, the report reveals that nearly one million UK homes and businesses are now in reach of ultrafast full fibre connectivity via alternative network providers (altnets).

The UK’s Local Government Association (LGA) has called for housing developers to adopt council proposals for a fibre to the premises (FTTP) kitemark for new build homes to make it clear to prospective buyers what they can from the internet connection in their new property.

ABINGDON, UK – Rural broadband specialist, Gigaclear, has awarded international fibre-optic products and advanced installation methodologies, Lite Access Technologies, the contract to bring ultrafast, full fibre broadband to more than 10,000 properties to some of the most rural parts of West Oxfordshire.

UK Chancellor Philip Hammond has announced the roll out of the Nationwide Gigabit Broadband Voucher Scheme (GBVS), which is to provide vouchers worth up to £3000 for a small or medium sized business or £500 to residents to help with the costs of connecting to full fibre broadband.

TalkTalk is in discussions with Infracapital with a view to rolling out full fibre across the UK.

The company announced within its Q3 results that it has agreed to create an independent company, representing 80 per cent Infracapital and 20 per cent TalkTalk, to provide fibre to more than three million homes and businesses across mid-sized towns and cities in the UK.

With a potential equity investment of up to £500 million, TalkTalk is to be a founding wholesale customer for the new company.

Openreach has pledged to bring high-speed broadband to three million UK premises by the end of 2020 as part of its newly launched 'fibre first' programme.

The move follows an earlier announcement by the UK government that it has met its superfast broadband target of 95 per cent of homes by the end of 2017 (see UK government delivers superfast broadband target, still more to be done).

Milton Keynes is set to become the first community to benefit from gigabit-capable ‘full fibre’ broadband under the new Vodafone and CityFibre fibre-to-the-premises (FTTP) programme. The project will see CityFibre invest at least £40 million into the city’s digital infrastructure.