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Hyperoptic has outlined ambitious plans to roll out its 1,000Mbps full-fibre service to two million homes by 2022.

The network currently passes 350,000 homes and businesses across the UK and is now available or being installed in 28 towns and cities.

However, Hyperoptic has an eye on extending its reach much further and has secured £100 million from four European banks to fund a larger-scale deployment.

Dana Tobak, Chief Executive of Hyperoptic, commented: "We are proud to have created a network of gigabit cities where residents can live and work without connectivity constraints. 

"Through private funding and partnerships with developers, freeholders, and councils we have hugely increased our footprint, but it’s our customers that have been the biggest catalyst in fueling our growth."

Indeed, Tobak said the company has a 4* Trustpilot rating, which is the highest in the industry.

Furthermore, she stated that Hyperoptic's customers have helped by sharing their experiences with family, friends and neighbours.

This, she said, has helped Hyperoptic "expedite our rollouts across urban centres".

Tobak added that this latest round of funding enables the firm to offer even more people a "credible broadband alternative that is future-proofed for decades to come".

Andrew Jones, Exchequer Secretary to the Treasury, has hailed the investment, as he considers full-fibre "the gold standard" of broadband connectivity".

"Through companies like Hyperoptic, our commitment to world-class digital infrastructure for everyone in the UK is already becoming a reality," he said.

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