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Hyperoptic, broadband technology provider, has received an equity investment commitment of £50m led by Quantum Strategic Partners Ltd (Quantum) to reach more than 500,000 homes with 1Gbps true fibre hyperfast broadband within the next five years.
Hyperoptic’s broadband provides unimpeded fibre speeds directly to the premises, whereas other services are hybrids relying on existing infrastructure and copper cables. The firm will soon be expanding to provide hyperfast broadband to business and commercial premises.