G.Network Communications Ltd
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G.Network Communications Ltd - overview
Location
London, -, UK
Primary Industry
Telecoms
About
G. Network Communications Ltd is a provider of full fibre broadband services, delivering high-speed internet solutions to both residential and business customers in London, enhancing connectivity and productivity. G. Network Communications Ltd specializes in full fibre broadband services, primarily catering to the growing demand for high-speed internet.
Founded by David Sangster and Gianluca Poggi, the company is headquartered in London, UK. On November 5, 2018, it was acquired by Cube Infrastructure from Albion Capital for an undisclosed sum. The latest funding round occurred in 2018, led by Albion Capital, raising GBP 4. 68 mn, which constitutes the total amount raised to date.
G. Network provides high-speed internet connectivity through its flagship Gigafast broadband service, offering download speeds of up to 1Gbps. The company targets residential customers with various packages available on 12 or 24-month contracts, while also catering to businesses with tailored solutions that enhance operational efficiency. Their geographical focus is centered on the metropolitan area of London, ensuring a robust network for both individuals and enterprises.
In 2024, G. Network reported a revenue of GBP 12,766,810. 70, with an EBITDA of GBP -41,883,083. 80.
The company operates on a subscription-based model, where customers pay monthly fees for broadband services, with packages starting from GBP 30 per month. G. Network continues to attract customers through direct online transactions and promotional offerings, which facilitate seamless onboarding from other providers. G.
Network plans to expand its service offerings and geographic reach, although specific new products and launch dates have not been disclosed. The company aims to leverage recent funding raised in November 2018 to support its growth initiatives, focusing on enhancing infrastructure and broadening its market presence in London and potentially beyond. Future expansions may include targeting underserved areas with high demand for reliable internet services.
Primary Industry
Telecoms
Sub Industries
Internet Service Providers, Fiber Optics
Website
www.g.network
Verticals
Infrastructure
Company Stage
Acquired
Total Amount Raised
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