N.Ireland Fixed Wireless ISP Air Fibre Hoists the For Sale Sign

Fixed wireless ISP Air Fibre, which delivers a broadband network to connect premises across some of the most challenging parts of Northern Ireland and recently opened a new office in Enniskillen, has confirmed to ISPreview.co.uk that they are indeed on the market for sale.

The network, which covers parts of Greater Belfast, Lisburn, North & South Down, County Armagh and parts of County Antrim, Mid Ulster & County Fermanagh, tends to offerer unlimited broadband speeds of up to 30Mbps to homes and up to 1Gbps for businesses within its coverage areas.

A quick look at the provider’s most recent micro company accounts (made up to 30th November 2019) reveal that they have total net assets of £443,571 and 7 employees (up from £405,827 and 5 employees a year earlier). Despite this we suspect that they may soon start feeling some pressure from the rapidly expanding “full fibre” (FTTP) coverage of rivals, such as Fibrus, Openreach (BT) and Virgin Media (here).

Neil Wylie, MD of Air Fibre, told ISPreview.co.uk:

“While it is still very much business as usual, the time is now right for the next chapter and, with demand for internet continuing to rapidly grow. It cannot be ignored that if such a large scale wireless provider as ours is purchased by a current fibre delivering company it would create the largest all service internet provider ever seen in Northern Ireland and would ultimately be fantastic for everyone seeking better internet.”

The provider added that it already has a “number of confirmed projects approved” under the Government’s rural gigabit voucher scheme and has a “solid client base built over the past 6 years of service provision.” Air Fibre predicts that “interest is expected to be high in such an acquisition.”