GiffGaff is giving away £100 to trial its new £10 a month broadband

is gearing up to make its first foray into the broadband market, offering a service that will set customers back £10 a month. The O2-owned mobile provider is initiating a trial for 500 customers and giving away a . Successful applicants will trial the brand's first-ever broadband, boasting speeds of 500Mbps, for a year at £10 per month for a year.

The bonus is offered 'in exchange for feedback' about the broadband and will be split into two payments: the first £50 upon installation and the second £50 one month later, reports . Those interested can , and if selected, they will receive further information about the trial. Ash Schofield, Giffgaff's CEO, said in a community post: "Broadband is a natural evolution for us as a connectivity brand.

"We know people are frustrated with their current broadband offering, so we're committed to bringing together the latest tech, with the feedback of our members, to build something better. We're looking for up to 500 heroes to try our full fibre broadband. We'll even reward them for sharing their feedback on the experience with us." He added: "This is a big moment for all of us and we have so much to learn and discover together. If you're not a trialist, don't worry, there will be plenty of opportunities to be a part of the journey with us."

Giffgaff's broadband launch comes as other providers drop their prices to tempt new customers. One such brand is Sky, which has reduced its to its 'lowest ever price' until May 14.

For £35 per month, customers will gain more than 100 TV channels and free Netflix, with the broadband available without TV access for £28. This rivals Virgin's entry-level , with speeds of 132Mbps for £25.99 per month.

However, neither provider can beat the £10 per month , which will effectively cost customers a total of £20 for 12 months' access after receipt of the £100 bonus. A spokesperson for Virgin Media O2, speaking to which initially broke the news of Giffgaff's venture into the broadband market, said: "The planned launch of a Giffgaff broadband service mirrors the successful approach we've taken with the brand on the mobile side.

"It allows us to offer a complete range of broadband and mobile services to a wider mix of different customers and aligns with our broader commercial strategy with three of the best brands in the country. Giffgaff broadband is currently in a trial phase, leveraging our wholesale capabilities and recruiting people to test and shape the service, so we'll share more information later in the year."

While 's broadband is yet to launch, the brand has received a raft of positive reviews from its mobile customers. GiffGaff has received more than 17,000 five-star reviews on Trustpilot, where one review says: "So reliable and trustworthy. Any issues are dealt with quickly, and they often give rewards to thank you for staying with them. I just trust them, which is very rare with so many services nowadays. I can't imagine ever going anywhere else."

Another said: "Giffgaff are the best. I find giffgaff is great value for money, and gives a really good service." A third said: "It's a few months now since I have switch from one of the main line providers to Giffgaff. I have found their service to be excellent. Their communications are not excessive. I am completely satisfied with the change."

However, one less-impressed customer said: "Poor service if you have an issue, but you get what you pay for, I guess."