Internet service provider start-up G.Networks has secured an initial £60m ($78m) investment from Cube Infrastructure Managers. so tenants can enjoy gigabit connectivity from day one and at short notice,” although they still have a lot to prove first and Central London is already becoming aggressively competitive London-based G.Networks aims to collaborate with London's landlords and councils to roll out ultra-fast broadband to 120,000 premises, possibly focusing on Westminster and the City of London because of their high number of small to medium-sized businesses, as the firm reported last year. The company is also looking at a second round of funding worth up to £100m ($1.3bn) in order to expand its network into more areas outside London.
Internet service provider start-up G.Networks has secured an initial £60m ($78m) investment from Cube Infrastructure Managers. London-based G.Networks aims to collaborate with London's landlords and councils to roll out ultra-fast broadband to 120,000 premises, possibly focusing on Westminster and the City of London because of their high number of small to medium-sized businesses, as the firm reported last year. The company is also looking at a second round of funding worth up to £100m ($1.3bn) in order to expand its network into more areas outside London.