Currently building in 6 market towns, this new £100 million investment will support Zzoomm’s goal of connecting 1 million properties by 2025.
4 October 2021, Zzoomm completed another financing round in September, from a consortium of international banks led by ING Bank, with Hamburg Commercial Bank and Kommunalkredit Austria.
This investment is a £100m debt facility, allowing Zzoomm to accelerate the rollout of Full Fibre broadband networks. Further expansion across the towns and cities of Hereford, Thirsk, Sandhurst, Crowthorne, Cannock, Crewe and Northallerton are underway. The plans for several new towns to benefit from Zzoomm’s Full Fibre broadband connection will be announced in the coming weeks.
Commenting on this new development, Matthew Hare, said: