Broadband firm 4th Utility is celebrating its fifth birthday by announcing plans to drive further growth and create jobs.
The full fibre broadband provider was established in October 2017, and has a week of celebrations lined up that include discussing exciting plans for the future.
Over the past five years, key achievements for the Greater Manchester-based business have included acquiring London-based Vision Fibre Media, receiving a £25m investment from DIF Capital Partners, opening a new state-of-the-art office in Hale, and rolling out its service passing 40,000 homes.
This week, as part of marking half a decade since the business’ inception, 4th Utility has announced its intention to expand headcount from the current 56 up to 100 over the coming months, as well as service another 250,000 homes over the next five years.
The week of celebrations will include a special social event for 4th Utility staff, while CEO Tony Hughes will appear as a speaker at the Next Giga Connect Europe conference in Berlin, on the evolution of connectivity.
Tony said: “This week is a chance for the entire business to reflect on our fantastic success so far and focus on where we’re going. We are quickly growing and have big ambitions for the future. These things obviously take time and depend on many factors, but we have the building blocks in place for a strong future.”
Offering flexible contract terms, next-generation connectivity and hassle-free installation, 4th Utility works with residential and commercial landlords to deliver ultrafast full fibre to homes and businesses via its own fibre optic network.
The company also places a lot of emphasis on supporting its local community. Earlier this year, it launched a new social tariff, providing fast, low-priced internet for areas most in need of digital connectivity – for 50% cheaper than the UK average.
It has also become the corporate partner of Smart Works Greater Manchester, a charity helping get more women into work. At the start of 2022, 4th Utility committed to raise £10,000 this year alone to support the charity’s work.
