Gigaclear is a privately owned company headquartered in the UK. Founded in 2010, the company employs approximately 580 individuals. Functioning as a telecommunications company, Gigaclear specializes in providing telecom services.
On June 9, 2026, Gigaclear relaunched its fibre broadband products, integrating eero Wi-Fi 7 technology to combine ultrafast full-fibre broadband with in-home installation and optimization for whole-home connectivity. This followed news on June 3 that taxpayers lost almost £100 million after lenders, including the taxpayer-backed National Wealth Fund, were compelled to take a significant writedown on their investment. These lenders seized control of the debt-laden company in April during a major restructuring. Earlier, on April 28, Gigaclear marked its 15th anniversary. Previously, on April 9, the company announced the completion of its recapitalisation, which strengthened its balance sheet and provided a robust capital structure, underpinned by £80 million in new capital from shareholders secured in December 2025.
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