Hyperoptic has appointed Charles Davies as managing director , taking over the position from the company 's CEO , David Tobak , who will now take on the overall management of the UK - based firm . Davies previously held managerial roles at StubHub , Formula E and Yahoo ! Dana Tobak (CBE), CEO of Hyperoptic, said: “As the leader in bringing Gigabit fibre to the UK, we needed to bring in a proven brand champion to help scale our customer organisation. Hyperoptic , a full - fibre internet service provider which focuses on urban markets , plans to invest £ 500 m ( $ 632 m ) in its 1 ##G broadband network over the next three years , aiming to expand its coverage to more than two million homes .
Hyperoptic has appointed Charles Davies as managing director , taking over the position from the company 's CEO , David Tobak , who will now take on the overall management of the UK - based firm . Davies previously held managerial roles at StubHub , Formula E and Yahoo ! Hyperoptic , a full - fibre internet service provider which focuses on urban markets , plans to invest £ 500 m ( $ 632 m ) in its 1 ##G broadband network over the next three years , aiming to expand its coverage to more than two million homes .