CityFibre has said it is now taking a leading role in improving broadband connectivity across Britain.
The company revealed in its latest trading statement that it saw a 147 per cent rise in sales to £6.6 million in the first half of 2016, when compared with the same period of 2015.
The fact it nearly tripled its revenue during this time is significant as it has made no secret of wanting to set itself up as a genuine rival to BT Openreach.
Greg Mesch, Chief Executive of CityFibre, commented: "Our business now sits at the forefront of transforming the UK's digital infrastructure and remains well-placed to capitalise on a number of significant near-term commercial opportunities."
He said the company has enjoyed a "very strong" six months, which has been driven largely by the "excellent performance" of its commercial and operations teams.
"In less than three years we have created a highly competitive business underpinned by a dense fibre network across 40 UK cities," Mr Mesch said.
He also noted that CityFibre has been able to complete two major schemes during this time - a dark fibre mobile project (FTTT) with Three and EE and the completion of the trial of gigabit speed Fibre-to-the-Home (FTTH/P) with Sky and TalkTalk.
Mr Mesch described these as "transformational" projects that "demonstrate the future potential direction of the UK fibre market".
This comes shortly after CityFibre confirmed that Northampton will become the UK's next Gigabit City.
The organisation is partnering with dbfb to bring ultra-fast internet to Northampton’s businesses community.
Firms in the area will be able to benefit from "innovative and affordable gigabit speed internet services" that are up to 100 times faster than the UK’s average.
CityFibre believes this enhanced connectivity will enable businesses to "future-proof themselves as their demand for bandwidth increases, seamlessly integrating a new generation of powerful cloud services".