Zzoomm - Zzoomm Group Ltd
Zzoomm - Zzoomm Group Ltd is a company.
Active
Updated: ·
Financial History
Total Raised
N/A
Valuation
N/A
Leadership Team
Key people at Zzoomm - Zzoomm Group Ltd.
Zzoomm - Zzoomm Group Ltd is a company.
Key people at Zzoomm - Zzoomm Group Ltd.
Key people at Zzoomm - Zzoomm Group Ltd.
Zzoomm Group Ltd is a UK-based telecommunications company that builds and operates full fibre broadband networks, delivering gigafast internet speeds up to 10Gbps via XGS-PON technology to homes, schools, businesses, and shops in towns and suburbs.[1][3][5] Founded to address the demand for reliable, future-proof connectivity, it serves residential and commercial users by solving issues like slow speeds and unreliable copper-based services, with ambitions to pass 1 million properties by 2025 and reported revenue of $17.2 million alongside $136 million in funding.[1][5] The company has shown growth momentum through rapid network rollout, now active in multiple UK communities after connecting its first customers in Henley-on-Thames.[1][3]
Zzoomm Group Limited was incorporated on 19 December 2018 as a private limited company, headquartered initially in Hereford and now registered in London.[1][2][4] It was founded by Matthew Hare OBE, an experienced fibre network entrepreneur who previously launched Gigaclear in 2010—a rural ultrafast broadband provider sold to Infracapital for £270 million in 2018.[1] The idea emerged from Hare's expertise in fibre infrastructure, shifting focus from rural to national towns and suburbs with full fibre services; early traction came quickly with initial connections in Henley-on-Thames, marking the start of a nationwide rollout now in its seventh year.[1][3]
Zzoomm rides the UK government's push for nationwide gigabit broadband under Project Gigabit, targeting areas overlooked by major ISPs like BT Openreach amid rising data demands from remote work, streaming, and IoT.[1][3] Its timing aligns with the post-2020 fibre boom, where full fibre adoption surged due to pandemic-driven connectivity needs and EU/UK mandates for 1Gbps coverage by 2025—market forces like spectrum constraints on wireless alternatives favor fixed-line fibre for reliability and scalability.[1][5] By building independent networks, Zzoomm fosters competition, influences the ecosystem through open-access models, and empowers local economies with high-speed infrastructure essential for digital inclusion.[3][6]
Zzoomm is poised for accelerated growth toward its 1 million premises target by 2025, leveraging £136M funding for expanded rollouts amid intensifying UK fibre competition from players like CityFibre and Community Fibre.[1][5] Trends like AI-driven data explosion and 5G/6G convergence will amplify demand for its multi-gigabit XGS-PON tech, potentially driving partnerships or acquisitions similar to Gigaclear's exit. Its influence may evolve as a key altnet (alternative network) consolidator, shaping suburban connectivity and investor interest in telecom infrastructure. This positions Zzoomm as a vital player in bridging UK's digital divide, echoing its founder's prior success.
