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They're currently searching for a partner to take it over.
They'll be offering two packages with download speeds of up to 38Mbps and 76Mbps respectively.
The potential invesment could see the construction of a brand-new large-scale fibre optic network.
Broadband provider Alncom have teamed up with Northumbrian Water and Northumberland County Council.
EE is currently offering a number of savings as part of its Big Broadband Sale.
Provider Hyperoptic are set to hook 25 different social housing developments up to their fibre to the premise (FTTP) network.
The project would be completed by 2020.
The acquisition is set to cost £5 million.
A new £2.9 million investment from BT and local councils made it possible.
The £400 million fund is designed to make ultra-fast fibre optic broadband available to more people across the country.
Tamworth, Staffordshire recieves an average broadband speed of 30Mbps.
The regulatory board has identified "potential competition concerns".
The energy provider is currently drawing up some investment plans.
Plusnet is offering savings on Unlimited Broadband and Unlimited Fibre for new customers until June 20th 2017.
The provider was unable to secure enough funding to stay afloat.
Mayor of London Sadiq Khan and Transport for London are working on putting the proposal into action.
Sky is offering a saving of £120 for new customers joining Sky Broadband Unlimited without TV.
The 136 mile line could help to provide fibre optic broadband to many remote rural homes and buisnesses.