Oxford to receive £4.3 million broadband investment from nexfibre

Nexfibre have announced a £4.3m investment into Oxford’s broadband, which is expected to benefit approximately 27,000 homes and businesses.

The investment follows nexfibre’s acquisition of Netomnia, which took place earlier this year.

The investment will give local residents faster access to full fibre broadband, which will futureproof connectivity needs for the decades ahead. The fibre network will be available to all internet service providers, giving residents a wide choice of services.

Following approval, homes and businesses connected to Virgin Media’s O2 network will be upgraded to full-fibre connectivity.

It is expected that the investment will unlock £3.5b of international investment, boosting the UK economy and ensuring network upgrades across the country.

In addition, up to seven youth centres in Oxford are expected to benefit from the investment, as nexfibre partners with UK Youth to provide youth centres with free broadband, as part of its broader investment in the area.

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Rajiv Datta, chief executive of nexfibre, said: “We are committed to delivering high quality connectivity to everyone across the country.

“Full-fibre broadband is a crucial driver of economic growth, and our investment in Oxford will help deliver better access to education, jobs and opportunities that can transform lives and uplift entire communities.”