Conal Henry’s Fibrus secures €264m to complete NI broadband rollout | Business Post

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Conal Henry’s Fibrus secures €264m to complete NI broadband rollout, ChasTaylor reports.

Conal Henry said his company Fibrus Networks was looking at a number of acquisitions. Picture: Darren Kidd/Presseye

Fibrus Networks has secured £220 million in debt from a consortium of banks to complete its rollout of fibre broadband services to rural areas in Northern Ireland. The Belfast-based company, which was founded and is chaired by Conal Henry, has reached over 120,000 premises to date out of a planned 350,000.

In 2020, the company was awarded the £165 million Project Stratum contract to deliver fibre broadband in Northern Ireland ahead of BT. It also...

 

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