Gigaclear plc Revenue and Competitors

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Abingdon, UK



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Estimated Revenue & Valuation

  • Gigaclear plc's estimated annual revenue is currently $194.6M per year.(i)
  • Gigaclear plc's estimated revenue per employee is $406,250

Employee Data

  • Gigaclear plc has 479 Employees.(i)
  • Gigaclear plc grew their employee count by 18% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation

Gigaclear designs, builds and operates new, full fibre, gigabit broadband networks in rural areas. Established in 2010, our network now reaches more than 200 communities across 20 counties to date. We are working hard to reach 500,000 premises by 2022 to provide rural residential and business properties with the UK's best broadband to allow them to work, communicate, play, study anytime all the time. Gigaclear builds new networks using two investment models. Our first communities were connected using Gigaclear investor funds and we continue to invest commercially in rural communities where there is a demand for better broadband. Our second investment model is under the BDUK (Broadband Development UK) scheme, working with Local Bodies where we bid for and may be awarded a contract that part subsidises the build of new superfast broadband networks.



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Gigaclear plc News

2015-11-17 - Gigaclear will trial 5,000Mbps fibre Internet access in some UK towns

Virginia Tech reader comments 24 with 20 posters participating, including story author Share this story Share on Facebook Share on Twitter Share on Reddit Gigaclear, one of the UK's top independent ISPs, has begun trialling a symmetric 5,000Mbps fibre service for some of its existing customers ...

2015-11-18 - Gigaclear Starts Testing UK's First 5Gbps Broadband, But It Doesn't Come Cheap

Horia Ungureanu, Tech Times 18 November 2015, 05:11 am With more countries adding broadband Internet to their respective lists of essential public utilities, customers expect the speed of these connections to improve. Gigaclear, a relatively small broadband carrier that began sending data pack ...

2017-05-05 - Gigaclear Secures £111M in Equity Funding

Gigaclear, an Abingdon UK-based broadband network, secured £111M in equity funding. Existing shareholders Infracapital and Woodford Investment Management have committed to investing £60m and £15m respectively with other shareholders contributing a further £1m. RPMI Railpen, the investment manag ...

02/24/2019 - Gigaclear founder launches new UK telecoms company

The founder of rural broadband company Gigaclear has launched a new telecoms company looking to target suburbs and smaller cities with ...

03/23/2018 - Lite Access wins C$29mln fibre optic contract from Gigaclear ...

Lite Access Technologies Inc (TSX-V:LTE) said it has been awarded a C$29mln rural fibre optic deployment contract by Gigaclear PLC.

10/25/2018 - Berkshire UK Coughs to Openreach and Gigaclear ...

Mike Surrey, CEO at Gigaclear plc, said: “Gigaclear apologises for delays encountered with these deliveries, we are confident that under new ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding