G.network Holdings 2 secures £6m for London fibre rollout

Gigafast internet speeds for residents and businesses across central London are provided by G.network Holdings 2 Limited. Guildford serves as the headquarters for the firm, which operates as a wired telecommunications specialist focusing on the delivery of full-fibre broadband services. A recent investment round has seen the business raise £6m in new capital.

This funding brings the estimated post-money valuation of the entity to £24m. Incorporation occurred in June to address the requirement for high-capacity digital infrastructure within the capital.

The allotment of shares for this round was completed in September, with formal documentation filed during the same month.