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Giganet
UK full-fibre broadband for homes and businesses
About Giganet
Giganet is a UK-based internet service provider specializing in full-fibre broadband connectivity for both residential and business customers. The company was founded in 2003 by Andrew and Matthew Skipsey. Initially established as M12 Solutions, a business-to-business telecommunications provider, the company launched the Giganet brand to focus on the growing demand for high-speed fibre internet.
In 2020, Giganet secured a significant £250 million investment from Fern Trading, which is advised by Octopus Investments, to accelerate the build-out of its own full-fibre network across underserved regions in the South of England, including Hampshire, Wiltshire, Dorset, and West Sussex. This investment marked a pivotal moment, transforming Giganet from primarily a reseller of other networks' services to a network operator in its own right. The company's strategy involves a multi-pronged approach, utilizing its own network, Openreach's infrastructure, and CityFibre's network to maximize its reach across the UK.
Giganet offers a range of hyperfast broadband packages with symmetric speeds, meaning equal upload and download speeds, which is a key differentiator from traditional broadband services. The company aims to provide reliable, high-speed internet access with a strong emphasis on customer service and transparent communication. It has received numerous industry accolades, including being named 'Overall Fibre Provider of the Year' at the 2022 UK Fibre Awards. The business model is based on monthly subscriptions for its broadband plans, targeting a broad market from individual households to small and medium-sized enterprises.
Source: Dealroom company dataAt a glance
- Founded
- 2003
- Headquarters
- Reading, United Kingdom
- Sector
- Telecom
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later1 investor entered at this stage
Fern Trading
Source: Dealroom Talent Intelligence.
Global footprint
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