All our lives are being transformed by the internet. The data we use has grown without pause since the days of dial up and the days when 1Mb/sec was a dream. And no end is in sight. More television is now watched by internet than anything else. And as we continue to stream more programmes at higher resolutions (HD, 4K) to more screens, demand will only continue to grow even before we layer on the internet-of-things. Forecasts show UK data consumption rising on average by 21% every year to 2022 and by 31% every year at “busy hour”, when most of us actually want to go on-line. Only fibre can meet this challenge and future proof communities and businesses for the 21st Century.
Jurassic Fibre has raised substantial funds from Fern Trading Ltd, advised by Octopus Investments, to build and operate a fibre-to-the-premises network across the South West of England. We are planning to invest over £250m into building a fibre network in Devon, Dorset and Somerset, passing over 300,000 homes, making gigabit speeds a reality.
Jurassic was founded by CEO Michael Maltby, a resident of Sidmouth in East Devon. Michael has built fibre and similar networks around the world, including in Russia and the Caribbean, and his goal is to build the digital infrastructure you deserve to support your lifestyle in the 21st Century.
Our aim is to give local communities ultrafast fibre broadband that is already available to thousands of others across the UK.