Telecoms firm Jet Infrastructure plans UK growth plans after HSBC funding deal

Group also plans to grow staffing in North West and Northern Ireland

A telecommunications infrastructure firm is planning to grow across the UK after securing a funding package from HSBC UK.

Jet Infrastructure, from Leigh, designs and builds telecoms equipment such as masts and towers, and works with mobile network operators, wireless ISPs and public sector organisations. It will use the funding package, whose value has not been disclosed, to roll out infrastructure in locations including London, Birmingham, Manchester, Cambridgeshire and Scotland over the next three years.

The company also plans to grow its acquisition, planning and estate management teams across the North West of England and Northern Ireland as its national development pipeline continues to grow.

Hugh Morgan, managing director at Jet Infrastructure, said: “Demand for mobile connectivity continues to grow, but there are still many areas where infrastructure hasn’t kept pace. This funding gives us the platform to accelerate delivery, expand our portfolio and support operators in bringing better coverage and capacity to communities across the UK. It’s another important step in our growth and we’re excited about what’s ahead.”

Nicola Loat, relationship manager at HSBC UK, said: “Jet Infrastructure has built a strong platform in a rapidly growing sector and has a clear vision for the future. We’re delighted to support the business as it continues to invest in critical digital infrastructure that will benefit communities and businesses across the UK.”

The funding deal was supported by HSBC’s Equipment Finance and Global Trade Solutions team: Kayley Towle, Working Capital Specialist, and Holly Knight, Corporate Account Manager, at HSBC UK. It was brokered by Craig Cheetham, of Fellwood Advisory.

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