Gigabit network operator ITS, has secured a GBP 45 million (US$ 59.56 million) deal with Aviva Investors, the global asset management business of Aviva plc (‘Aviva’), to fast track its plans to build transformational full-fibre networks across the UK.

This investment round will allow ITS to build several new full-fibre networks, as well as to build out its current footprint; contributing to the Government’s ‘full-fibre to every premise’ agenda.

Operating a wholesale model, its networks give businesses and residential communities access to a choice of gigabit-capable connectivity services via a range of ITS partners which include ISPs and resellers. ITS will continue to reuse public and private infrastructure to accelerate the rollout of its networks, and will also collaborate with its partner network to identify where the greatest demand for full fibre services lie in order to prioritise build plans.