Rural broadband specialists, County Broadband, have secured a £46 million investment from Aviva Investors, according to Total Telecom.

The report suggested that County Broadband are now able to proceed with a ‘fibre to the home’ (FTTH) rollout programme thanks to the funding. Currently, County Broadband provide 3,000 FTTH connections to rural properties, which will be increased to 30,000 premises.

Lloyd Felton, CEO of County Broadband said: ‘Many premises might have access to broadband but the ultrafast speeds that we will all soon need are only available to around 6 per cent of the UK. Household usage and data consumption is already predicted to increase ten-fold every six years and only ultrafast solutions will match this requirement’.

The Government has said that the UK needs at least 15 million FTTH connections by the mid-2020s. Current network provider, Openreach, has committed to providing at least five million connections by the deadline, but recent months have seen a growth of private investment funds investing in alternative network providers.

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