Hyperoptic

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.

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

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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