Foresight Group is set to invest in full fibre technology business Fibre & Wireless Networks (F&W Networks) – with a deal expected imminently, IJGlobal understands.

Investment details of the contribution are yet to be disclosed – but the injection will contribute to the Cheshire-based company’s fibre roll-out and increase the reach of its network across mid-sized towns and rural areas.

F&W Networks’ full fibre coverage spans 5 UK counties with 170,000 homes passed.

The alt net covers:

• Buckinghamshire – Beaconsfield, Gerrards Cross, High Wycombe, Lane End
• West Sussex – Billingshurst, East Grinstead, Horsham, Southwater
• Surrey – Godalming, Horley
• Hertfordshire – Hemel Hempstead
• Greater London – Southall

It also has additional coverage being built out in:

• Cranleigh, Surrey
• Crawley, West Sussex
• Dorking, Surrey
• Redhill, Surrey

F&W Networks also has upcoming plans to roll-out in Oxfordshire, a source said.

Fibre roll-out in some of the locations are being delivered as part of the government’s Gigabit Broadband Voucher Scheme – part of Building Digital UK’s (BDUK) Project Gigabit which provides subsidies to businesses working to improve the UK’s broadband network.

The move follows Foresight's investment in alt-net broadband provider Connect Fibre earlier this year (February), which helped to fund the roll-out of its fibre-optic projects across the East of England.

Foresight was contacted for comment but declined.