Broadband provider toob invests £18m in Gosport

Published by

Tom Kilkelly

Credit: toob

Portsmouth-based full-fibre broadband provider, toob, is investing £18 million in creating infrastructure in Gosport.

The firm aims to cover 45,000 Gosport homes with its latest full-fibre broadband network.

Construction of the network began in Gosport in 2022, but the company is aiming to complete its work by 2024.

toob's full-fibre network operates through fibre optic cables, which can offer faster speeds than copper cables.

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Based on the South coast, toob started in Southampton but has since relocated its HQ to Portsmouth.

The firm has been expanding its presence throughout the South after having received £300 million funding in recent times.

toob has also created similar networks in Woking in recent times, with the firm investing £13 million into the full-fibre network there.

Nick Parbutt, CEO, toob, said: “We are delighted that we can now offer our service to Gosport. toob has been built on our belief that access to fast, reliable broadband at an affordable price is a necessity in today’s increasingly digital world.

''We are committed to delivering the fastest and most reliable service, using the latest full-fibre technology, at an affordable price.''

Tom Kilkelly

Tom Kilkelly started working as a freelance journalist for The Business Magazine following his graduation from UCL in 2022. During his studies Tom became very interested in the works of Irish authors including Samuel Beckett and Flann O'Brien (Brian O'Nolan). His current role as a freelance business reporter is his first exposure to the world of business journalism. Working at TBM has given Tom the chance to really get to grips with the goings-on in the business hive that is the South East.