Hyperoptic Ltd.
TypeISP
IndustryInternet & Communications
Founded2011
FounderDana Tobak Edit this on Wikidata
HeadquartersLondon, England, UK
Key people
Boris Ivanovic & Dana Tobak [1]
ProductsFibre-based Internet Services
Number of employees
2000[2]
Websitewww.hyperoptic.com

Hyperoptic is a fibre-to-the-building & fibre-to-the-premises Internet service provider (ISP) based in London, England, offering services in 64 cities and towns in the UK.

History

Founded in 2011 by Boris Ivanovic (chairman) and Dana Tobak (CEO & Managing Director), Hyperoptic works with freeholders and developers to offer fibre optic internet to buildings across the UK. Hyperoptic received a £50 million investment in May 2013 from Quantum Strategic Partners Ltd, a private investment vehicle managed by Soros Fund Management.

During 2013, Hyperoptic announced expansion plans to; Reading, Cardiff and Bristol.[3]

On October 14, 2019, it was announced that investment firm KKR had bought a majority stake in Hyperoptic from funds managed by Newlight Partners LP and Mubadala Investment Company.[4]

As of August 2023 Hyperoptic had built out network to 1.2 million homes and had over 275,000 customers,[5][6] and is one of the top 5 Fibre network companies in the UK by network size.[7]

References

  1. ↑ "Meet The Fibre Broadband Team - Hyperoptic". hyperoptic.com.
  2. ↑ "About Us". Hyperoptic.
  3. ↑ "What is Hyperoptic? Gigabit broadband for UK cities". Recombu. 23 May 2013.
  4. ↑ "KKR Acquires Majority Stake in Hyperoptic". KKR & Co. Inc. Retrieved 2019-10-22.
  5. ↑ "Hyperoptic Grab Liberty Global Vet Duncan Macdonald as New CTIO". 25 August 2023.
  6. ↑ "uk-altnet-hyperoptic-gets-a-new-tech-boss". 1 August 2023.
  7. ↑ "The Top 10 Full Fibre Alternative Networks by Estimated UK Coverage". 13 March 2023.
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