Hyperoptic

Hyperoptic is a fibre-to-the-building Internet service provider (ISP) based in London, England.

Hyperoptic Ltd.
TypeISP
IndustryInternet & Communications
Founded2011
FounderDana Tobak 
HeadquartersLondon, England, UK
Key people
Boris Ivanovic & Dana Tobak [1]
ProductsFibre-based Internet Services
Number of employees
600[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.

In July 2012, Hyperoptic received recognition from the Internet Service Providers' Association (ISPA) and awarded winner of the category of Best New ISP. In October 2012, Hyperoptic was awarded Best Urban Network Enterprise at the 2012 NextGen Challenge Awards. In January 2013 Hyperoptic was named Most Innovative Provider 2013 by Broadband Genie.[3]

During 2013, Hyperoptic announced expansion plans to; Reading, Cardiff and Bristol.[4][5] In July, Hyperoptic was named Best Superfast Broadband provider by the Internet Service Providers' Association (ISPA).[6]

On May 28, 2014, it confirmed that services would be extending to Leeds, Liverpool, and Manchester[7] and in October 2014, Hyperoptic announced it was to bring gigabit service to Glasgow, Newcastle, Sheffield, Birmingham and Nottingham.[8] The company said it was soon to reach 75,000 homes across the UK.[9]

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.[10]

References
  1. "Meet The Fibre Broadband Team - Hyperoptic". hyperoptic.com.
  2. https://www.hyperoptic.com/press/posts/hyperoptic-raises-record-250m/
  3. "Home Broadband Survey 2013 analysis". broadbandgenie.co.uk.
  4. "1Gb broadband comes to London as Hyperoptic launch - 20 Oct 11". Choose.
  5. "What is Hyperoptic? Gigabit broadband for UK cities". Recombu.
  6. https://hyperoptic.com/news/hyperoptic-scoops-best-superfast-broadband-accolade-at-2013-ispa-awards/
  7. "Press Releases & News - Hyperoptic". hyperoptic.com.
  8. https://hyperoptic.com/news/hyperoptic-adds-four-new-hyper-cities-and-doubles-footprint-in-six-months-2/
  9. "Press Releases & News - Hyperoptic". hyperoptic.com.
  10. "KKR Acquires Majority Stake in Hyperoptic". KKR & Co. Inc. Retrieved 2019-10-22.
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