Network operator SSE Enterprise Telecoms (SSEET), which manages a large business focused fibre optic network (Ethernet, Dark Fibre etc.) that spans across the United Kingdom, has decided to start the new financial year by rebranding themselves as Neos Networks (meaning “new network“).
At present Neos has a high bandwidth fibre network that spans over 20,000km across the UK, including over 350 Points of Presense (PoPs) and connections into 90 commercial data centres. Apparently, todays rebrand is part of the company’s wider business transformation journey, which began in 2019 after Infracapital acquired 50% of the business, with SSE Group retaining the other 50%.
The rebranding to Neos Networks is intended to give the company a clearer and more recognisable identity – independent from both of its investors, which should also help to reduce any confusion with SSE’s existing retail business. But the name Neos Networks isn’t entirely new because it was the company’s trading name prior to its acquisition by SSE Group in 2003.
Colin Sempill, CEO of Neos Networks, said:
“Our new name, Neos Networks, embodies our mission to build a new network for UK businesses that has the specific high capacity, high resilience that they demand.
As capacity requirements continually increase for businesses, there is a growing need for a new network solution to meet current and future demand, delivering much needed high bandwidth, high resilience services across the UK and Neos Networks will continue to deliver that network”
With decades of experience and a relentless focus on customer experience our customers – many of whom are responsible for the UK’s Critical National Infrastructure – will benefit from one of the fastest growing high capacity networks in the UK – and we’ll continue to expand it in the months and years ahead.”
For those keeping score, Infracapital currently also owns or has stakes in Gigaclear, WightFibre, Spectrum Internet and Fibrus etc.
it is not a new name just resurrected from their purchase of Neos Networks back in 2007.
The article already says that it’s not new.
Rebranding to prepare for a sell off in order to pay down some of SSEs debt – I think.
In other backwards news, BT will be rebranding as Post Office Telecommunications, or going to POT.
I got quite excited when I saw Neos where doing work in my area last week relating to phones on one.network. I was hoping it was signs of a new altnet in my town. Now I know it is some private dark fibre (probably connecting up a big new develop going in down the road in the next few years)… Oh well back to hoping BT FTTP or VM decide my area is worth it.