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Birmingham Post
Birmingham Post
Technology
Jon Robinson

Meet the CEO targeting £1bn valuation for challenger broadband provider supported by former England rugby star

England Rugby Tony Hughes BusinessLive

A broadband provider, which counts a former England rugby star among its ranks, has set its sights on becoming Greater Manchester's latest tech unicorn by reaching a valuation of £1bn.

Hale-headquartered 4th Utility is on the cusp of kicking off a debt raise worth in the region of £80m which it hopes will supercharge the roll out of its infrastructure.

In an exclusive interview with BusinessLive, chief executive Tony Hughes reveals the roadmap to the firm being valued at £1bn, his plans for the company to be profitable by 2024 and whether a future IPO is on the cards.

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