International Public Partnerships invests in ultrafast digital network – International Public Partnerships will invest up to around £9.9m into Nextgenaccess Ltd, a developer of ultrafast wholesale and custom fibre infrastructure. The Nextgenaccess investment falls within the framework of International Public Partnerships’s already announced overall commitment of up to GBP45 million to digital infrastructure via the National Digital Infrastructure Fund, alongside HM Treasury.
International Public Partnerships’s investment is part of National Digital Infrastructure Fund’s overall GBP22 million investment into Nextgenaccess announced today. National Digital Infrastructure Fund will acquire a substantial minority shareholding in Nextgenaccess and provide capital facilities to support Nextgenaccess’ growth. The funding will help finance plans to deploy over 1,000km of new strategic high-capacity fibre routes across the UK by the end of 2020.
About Nextgenaccess
“Our core business is to deliver next generation, high speed connectivity products to allow organisations of all sizes to realise the commercial and operational benefits of cloud based services, mobility and unified communications.
We review with our customers their business drivers and objectives and then put forward proposals that deliver measurable business benefit and value. Delivering exceptional customer service 24/7 is an ultimate priority to ensure that the critical applications and services that we support deliver our customers the return on investment agreed and ensures their success.
Our brand is recognised for the delivery of next generation services based on the deployment of the latest broadband and connectivity technology. To stand out from the crowd we are building our own network across the UK, rather than resell the legacy networks of the incumbent suppliers.
NextGenAccess provided the owners of the company an opportunity to build a network and company with advanced technology and not burdened by overhead and inefficient operations. We are market led though, not technology led, so our structure and technology allows us to deliver services that provide a step change in quality and throughout at commercials aimed to disrupt the market.”
INPP : International Public Partnerships invests in ultrafast digital network