Nextgenaccess Ltd (NGA), a developer of ultrafast wholesale and custom fibre broadband infrastructure in England and Wales, has secured GBP22 million (US$27.7 million) of investment from the National Digital Infrastructure Fund (NDIF), a commercial fund established in 2017 by Amber Infrastructure Group.

NGA has successfully built an independent network across the UK with over 100 Points of Presence (PoPs) in ten different local authority areas, whereby small businesses in otherwise underserved areas can connect directly to wholesale fibre-to-the-premise (FTTP) broadband at speeds of up to 10 Gigabits per second (Gbps).

NDIF will acquire a substantial minority shareholding in NGA and provide capital facilities to support NGA's growth. NDIF's funding will help finance a major expansion of this network, with plans to deploy over 1,000km of new high capacity fibre routes across the UK by the end of 2020.