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 .
Hyperoptic has appointed Charles Davies as managing director, taking over the position from the company's CEO, Dana Tobak, who will now focus 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 £500m ($632m) in its 1 Gbps broadband network over the next three years, aiming to expand its coverage to more than two million homes.