Hampshire broadband provider Onestream in £40m deal with Vodafone

Onestream, based in Whiteley, signed the agreement with the telecoms giant to extend its coverage across the UK and enable it to offer high-speed fibre connections to millions of homes and businesses.

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Onestream says the Vodafone partnership is a key element of its growth strategy and that it will seek to increase its workforce at Whiteley from 40 to 120 people over the next 12 months.

The £40m deal will see Onestream offer customers connections through Vodafone’s high-speed SoGEA (single order generic ethernet access) network, which covers 95 per cent of the UK’s 29m premises, and through the rapidly growing gigabit FTTP (fibre to the premises) network.

The FTTP network, being rolled out across the UK, currently reaches nine million homes and is adding thousands more premises each month.

Onestream will deliver FTTP broadband under the product name True Fibre and aims to add 50,000 new connections over the next two years, doubling its customer base to 100,000.

Aaron Brown, who co-founded Onestream with fellow telecoms entrepreneur Darren Ridge in 2016, said: “Through this partnership with Vodafone, we will reach more customers than any other broadband provider, along with the ability to offer Gigabit speeds to a rapidly growing number of households and business premises.

“Alongside the significant expansion of our sales and customer service teams, this puts us in a prime position to deliver resilient, high-speed, quality broadband to millions across the UK. It represents a huge opportunity for us and for our customers as the power of FTTP connections brings reliable, fast broadband speeds directly into homes across the UK.

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“We are excited to be taking this significant step forward in our mission to be at the forefront of the Gigabit revolution and the UK’s broadband provider of choice, with a capability and reach that makes Onestream ‘the one for everyone’.”

Onestream was founded in 2016 as part of the Onecom Group and now stands independently as one of the UK’s fastest-growing residential internet service providers. It says an average of 3,000 customers a month sign up for its services.

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