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Key people at Gigaclear plc.
Gigaclear plc is a telecommunications company based in Abingdon, Oxfordshire, United Kingdom, that designs, builds, and operates full fibre gigabit broadband networks for underserved rural communities. The infrastructure provider replaces outdated copper networks to deliver high-speed internet access across 22 counties and over 200 communities in the South West, Midlands, and South East regions. Led by CEO Nathan Rundle and principally owned by infrastructure investor Infracapital, the firm deploys its broadband networks through commercial investments and government-subsidized programs like BDUK. The enterprise operates with a workforce of approximately 700 employees, generating $258.7 million in annual revenue while securing $2.7 billion in total funding to support its ongoing regional expansion. Founded in 2010, the organization is currently executing a strategic growth plan with the stated ambition to connect 500,000 rural premises by the end of 2024.
Key people at Gigaclear plc.
Gigaclear is a UK-based telecommunications company that designs, builds, and operates full fibre-to-the-premises (FTTP) broadband networks exclusively for rural communities, delivering ultrafast gigabit speeds to homes and businesses.[1][3][4] It serves underserved rural areas across more than 26 counties in the South West, Midlands, and South East of England, addressing the digital divide caused by outdated copper networks by providing symmetric, unlimited fibre broadband starting from £19/month.[1][2][4][7] With 501-1000 employees, over $258 million in revenue, and principal ownership by Infracapital—a leading European infrastructure investor—the company has secured substantial funding exceeding $2.7 billion, including a recent £1.5 billion debt facility, to expand its network to over 530,000 premises already passed and ambitions beyond 500,000 by end-2024.[1][2][3][4]
Gigaclear's growth is fueled by a mix of commercial investment and government programs like Broadband Delivery UK (BDUK) and Project Gigabit, positioning it as the UK's leading rural FTTP provider with recognition including Oxfordshire Business Awards finalist for Employer of the Year 2022.[1][4]
Gigaclear was incorporated on 22 December 2010 as Gigaclear Limited (previously Gigaclear PLC until 2019) by founder Mathew Hare, amid the early 2010s recognition that rural UK households and businesses were stuck with slow, unreliable copper-based broadband.[2][5][6] The idea emerged from the "early noughties" frustration with antique networks unable to meet rising demands for fast internet, prompting investment in state-of-the-art fibre to bring groundbreaking connectivity to hard-to-reach areas.[1][4][5]
Early traction came quickly: by 2012, Gigaclear began deploying networks, starting with communities like Hambleton in Rutland and Appleton and Eaton in Oxfordshire, supported by private investor funding that exceeded needs for initial builds.[1][4][5] Pivotal moments included scaling to over 200 communities, securing backing from Infracapital, and leveraging BDUK subsidies, evolving from a startup to an award-winning operator covering 22+ counties.[1][2][4]
Gigaclear rides the global shift to fibre-optic infrastructure amid surging demand for reliable, high-speed internet driven by remote work, streaming, and digital economies, particularly acute in rural UK where copper networks lag.[1][4] Its timing aligns with UK government initiatives like Project Gigabit to achieve nationwide gigabit coverage by 2030, countering market forces like urban bias in telecom investments and the urban-rural digital divide affecting economic growth.[1][4][5]
By influencing the ecosystem, Gigaclear enables rural businesses to compete, supports education, and unlocks social benefits, while its model demonstrates scalable private-public partnerships that could inspire similar rural fibre rollouts across Europe.[1][3][4]
Gigaclear is poised for accelerated expansion post its £1.5B debt facility and ongoing investor interest, likely surpassing 500,000 premises soon and venturing into voice services via platforms like Oculeus for diversified revenue.[3][5] Trends like AI-driven bandwidth needs, 5G complementarity, and stricter UK digital inclusion mandates will propel demand, potentially evolving its influence toward pan-UK rural dominance or international rural fibre models.[1][3][4]
With solid backing and execution, Gigaclear will continue transforming rural Britain from digital backwaters to connected hubs, solidifying its role as the go-to FTTP pioneer.[1][4]
