Openreach, a privately owned company headquartered in the UK and a subsidiary of BT Group, was founded in 2006 and employs approximately 35,000 individuals. The company reported $7.9B in revenue as of 2024. Functioning as a provider of enterprise connectivity services, Openreach builds and runs the UK's broadband network.

2024 Revenue

Founded

2006

Headcount

35,000

Headquarters

UK

Primary Segment

Enterprise connectivity services

Ownership

Privately Owned

News Summary:

Openreach began a major network upgrade in Eaglescliffe and Yarm on April 23, 2026, aiming to deliver gigabit-capable full-fibre broadband to thousands of properties. This follows a warning issued on April 22 by North Shropshire MP Helen Morgan, who stated that households and businesses could face further delays in accessing full-fibre broadband after the Government awarded a previously failed rollout contract to Openreach, a decision she believes "ignored" rural communities. Earlier the same day, Openreach gained access to a new network of EV charge points through a shared depot model launched by Voltempo, Corpay, and Welch Group, allowing secure, bookable access to excess capacity. Also on April 22, Abby Chicken, head of sustainability at Openreach, participated in a "Sustainability in Commercial Fleet" panel at the CV Show, discussing that sustainability encompasses more than just electrifying fleets. Previously, on April 22, Openreach announced that full-fibre broadband, resulting from a £4.8 million investment, is now available to over 16,000 homes and businesses in Irvine, with nearly 80% of properties in the area eligible to upgrade their service.

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Openreach offers 2 products in the connectivity and cloud industry. Openreach's product portfolio comprises of enterprise connectivity services.
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Openreach's revenues were over $1B in 2024. All the revenue comes from enterprise fibre and private IP.
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Examples of Openreach's suppliers include AllPoints Fibre Networks, Ciena and Zen Internet.

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