Gigaclear , an Oxfordshire - based broadband provider started in 2010 whose mission is to deliver high - speed fibre broadband to rural communities , is expected to connect an additional 100 properties in 2016 , financed in part through an £ 18 m debt facility from the European Central Bank , the largest loan of its kind awarded to a UK company . In 2014 , the broadband firm secured its first institutional investor , Fortress Investment Management , and last year the Prudential . Gigaclear currently offers up to 1,000 Megabits per second , with trials of 500 Megabits per second starting last November . The company plans a network in 5 years running at 10 Gigabits per second and in 10 years as much as 100 Gigabits per second .
Gigaclear, an Oxfordshire-based broadband provider started in 2010 whose mission is to deliver high-speed fibre broadband to rural communities, is planning to connect an additional 40,000 properties in 2016, financed in part through an £18m debt facility from the European Investment Bank, the largest loan of its kind awarded to a UK company. In 2014, the broadband firm secured its first institutional investor, Woodford Investment Management, and last year the Prudential. Gigaclear currently offers up to 1,000 Megabits per second, with trials of 5,000 Megabits per second announced last November. The company plans a network in five years running at 10 Gigabits per second and in 10 years as much as 100 Gigabits per second.