Nextgenaccess Appoint Former Gamma CEO as Non-Executive Director

Network builder Nextgenaccess, which recently secured £22m from the UK National Digital Infrastructure Fund (NDIF) to help spread its 10Gbps fibre optic broadband to businesses in South Wales and South West England (here), has appointed the former CEO of ISP Gamma (Bob Falconer) to be its new Non-Executive Director.

The operator said that Bob’s appointment is “in line with the company’s aggressive growth strategy as it ramps up the expansion of its core fibre network and the roll out of affordable full fibre services to businesses and the public sector.”

Bob Falconer previously led Gamma Telecom for 15 years and in October 2014 he oversaw a successful IPO of the business on AIM, which saw their share price growing by a factor of four to May 2018 and a market cap of approximately £700 million. Gamma subsequently won the AIM “Company of the Year” award for 2017/18.

Bob Falconer said:

“This is a very exciting time to keep involved in the telecoms industry. The reality of fibre to the premises and 5G is driving unprecedented change and with this Nextgenaccess has a compelling and differentiated full fibre offering.

I relish helping the company’s excellent senior management team maximise the substantial market opportunities and growth potential on offer. I hope my industry and management experience can bring value and help ensure Nextgenaccess achieves its business goals. An integral part of this is the forging of strong mutually profitable relationships with channel partners.”

End.