Hyperoptic is a
fibre-to-the-building & fibre-to-the-premises Internet service provider
An Internet service provider (ISP) is an organization that provides services for accessing, using, or participating in the Internet. ISPs can be organized in various forms, such as commercial, community-owned, non-profit, or otherwise private ...
(ISP) based in
London
London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a majo ...
, England, offering services in 64 Cities and Towns in the UK.
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
Soros Fund Management, LLC is a private American investment management firm. It is currently structured as a family office, but formerly as a hedge fund. The firm was founded in 1970 by George Soros and, in 2010, was reported to be one of the mos ...
.
During 2013, Hyperoptic announced expansion plans to; Reading, Cardiff and Bristol.
On October 14, 2019, it was announced that investment firm
KKR
KKR & Co. Inc., also known as Kohlberg Kravis Roberts & Co., is an American global investment company that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, credit, and, through its strateg ...
had bought a majority stake in Hyperoptic from funds managed by Newlight Partners LP and
Mubadala Investment Company
Mubadala Investment Company PJSC ( ar, شركة مبادلة للاستثمار), or simply Mubadala, is an Emirati state-owned holding company that acts as a sovereign wealth fund. The company was established in 2017 when then-named Mubadala Dev ...
.
As of August 2023 Hyperoptic had built out network to 1.2 million homes and had over 275,000 customers, and is one of the top 5 Fibre network companies in the UK by network size.
References
External links
* {{Official website
Internet service providers of the United Kingdom
Telecommunications companies of the United Kingdom
Companies based in the London Borough of Hammersmith and Fulham