G. Network - About the company
G. Network is an acquired company based in London (United Kingdom), founded in 2015 by David Sangster. It operates as a Provider of fibre optic internet services for business sectors. G. Network has raised $489M in funding from investors like USS, Cube Infrastructure Managers and Albion Capital Group. The company has 253 active competitors, including 27 funded and 51 that have exited. Its top competitors include companies like BT Group, Hyperoptic and Gigaclear.
Company Details
Provider of fibre optic internet services for business sectors. It provides affordable ultra-fast fibre connectivity to businesses and residents. It also provides full fibre local access solutions are bridging the gap between old constrained copper-based services and long lead-time expensive leased lines.
- Website
- www.g.network
- Email ID
- *****@g.network
- Phone Number
- +44 **********
Key Metrics
Founded Year
2015
Location
London, United Kingdom
Stage
Acquired
Total Funding
$489M in 7 rounds
Latest Funding Round
Ranked
10th among 253 active competitors
Annual Revenue
£10.2M as on Dec 31, 2024
Employee Count
323 as on Apr 30, 2026
Exit Details
Acquired by FitzWalter Capital (Jan 06, 2026)
Legal entities associated with G. Network
G. Network is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
G.Network Communications Ltd CIN: 10057745 , United Kingdom, Active | Mar 10, 2016 | $13M (As on Dec 31, 2024) | 480 (As on Mar 31, 2024) |
G. Network's acquisition details
G. Network got acquired by FitzWalter Capital on Jan 06, 2026.
Click here to take a look at G. Network's acquisition in detail
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G. Network's funding and investors
G. Network has raised a total funding of $489M over 7 rounds. Its first funding round was on Jun 01, 2017. Its latest funding round was a Series C round on Jul 19, 2023 for $*****. 1 investor participated in its latest round. G. Network has 4 institutional investors.
Here is the list of recent funding rounds of G. Network:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 19, 2023 | 4216711 | Series C | 5782100 | 9801444 | 6884213 | 8984188 |
Dec 15, 2020 | 7291817 | Conventional Debt | 5337881 | 6394293 | 3711959 | 6879059 |
Dec 15, 2020 | 7703999 | Series C | 5691788 | 5909549 | 2872728 |
View details of G. Network's funding rounds and investors
G. Network's founders and board of directors
Founder? Claim ProfileThe founders of G. Network is David Sangster. David Sangster is the CEO of G. Network.
Here are the details of G. Network's key team members:
- David Sangster: Co-founder and COO of G. Network.
G. Network's Board of Directors
G. Network's board has 1 active member. Andrew Alexander Gray is independent board member.Here is the list of G. Network's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 0y 4m |
View details of G. Network's Founder profiles and Board Members
G. Network's employee count trend
G. Network has 323 employees as of Apr 26. Here is G. Network's employee count trend over the years:
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G. Network's Competitors and alternates
Top competitors of G. Network include BT Group, Hyperoptic and Gigaclear. Here is the list of Top 10 competitors of G. Network, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | BT Group 1981, London (United Kingdom), Public | Provider of mobile phones and fiber broadband services for home & business | - | 70/100 | |
2nd | Hyperoptic 2010, London (United Kingdom), Acquired | Provider of full fibre optic broadband services | $75.5M | 69/100 | |
3rd | Gigaclear 2010, Abingdon (United Kingdom), Series E | Operator of full fibre broadband networks | $352M | 68/100 | |
4th | Community Fibre 2013, London (United Kingdom), Acquired | Fiber-optic telecom and TV service provider | $111M | 65/100 | |
5th | Openreach 1997, London (United Kingdom), Series C | Provider of fiber broadband services | $52M | 63/100 | |
6th | Plusnet 1997, Sheffield (United Kingdom), Acquired | Fiber optic telecom and TV services provider | - | - | 63/100 |
7th | Quickline 2006, Hessle (United Kingdom), Acquired | Provider of broadband services for home & business | $14.5M | - | 63/100 |
8th | CityFibre 2011, London (United Kingdom), Acquired | Operator of a wholesale full fibre broadband network | - | 62/100 | |
9th | Voneus 2011, London (United Kingdom), Series B | Provider of full fibre and wireless broadband connectivity | $152M | 60/100 | |
10th | G. Network 2015, London (United Kingdom), Acquired | Provider of fibre optic internet services for business sectors | $489M | 60/100 |
Looking for more details on G. Network's competitors? Click here to see the top ones
G. Network's Investments and acquisitions
G. Network has made no investments or acquisitions yet.
News related to G. Network
Media has covered G. Network for a total of 6 events in the last 1 year, 4 of them have been about company updates and 1 about people movement.
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London Full Fibre Broadband Provider G.Network Moves Forward “Debt-Free”Ispreview•Mar 24, 2026•G. Network
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Alvarez & Marsal appointed administrators at London fibre provider G.Networkcapacityglobal.com•Jan 14, 2026•Alvarez & Marsal Holdings, G. Network
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G.Network administration move highlights mounting pressure on UK altnet sectorcapacityglobal.com•Jan 13, 2026•G. Network
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G.Network Ponders Sale of London Full Fibre Broadband Network AgainIspreview•Mar 31, 2025•G. Network, BT Group, Virgin Media & O2
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Business ISP FluidOne Join G.Network’s London FTTP Broadband NetworkIspreview•Oct 15, 2024•FluidOne, G. Network
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G.Network connects Peabody homes in Camden, Westminster to fibre broadbandTelecompaper•Jul 18, 2024•G. Network, Peabody
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CityFibre and Community Fibre ‘weighing up’ G Network swoopCity A.M.•Jul 11, 2024•CityFibre, Community Fibre, G. Network
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