Hyperoptic, a British fibre broadband company majority owned by KKR, has reached 2 million homes and businesses as it shifts its focus from expanding coverage to signing up more customers.

Customer Growth

Chief Executive Dana Tobak said subscribers grew 18% in 2025 to more than 440,000, helping drive a 22% rise in annual revenue to £139 million ($185 million). Continued growth in the first half of 2026 had put core earnings on track to exceed £110 million this year, up from £69 million in 2025.

With most of its planned network now built, the company is focusing on increasing take-up. Hyperoptic connects high-rise buildings and new urban developments, and began by serving London before expanding to other cities.

Competition and Expansion

Hyperoptic targets average penetration of 35%, up from 31% in 2025. Mature parts of its network already achieve more than 60%, while new-build developments exceed 70%, it said. Britain’s biggest broadband provider BT said on Thursday it had achieved 40% take-up across its Openreach nationwide fibre network.

Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.