Lincolnshire-based network operator and UK ISP LightSpeed Broadband, which is aiming to rollout a new Fibre-to-the-Premises (FTTP) network to 200,000 premises across the East of England by the end of 2022 (rising to 1 million by the end of 2025), has for a limited time begun offering all new customers six months of free service.
At present the operator is already providing service to residents in parts of Boston, Bourne, Braintree, Clacton-on-Sea, Downham Market, Fakenham, Holbeach, Hunstanton, King’s Lynn, Long Sutton, Market Deeping, Skegness, Sleaford, Spalding, Stamford and Stowmarket, with its network expanding across a further 20 towns along the coast of the East of England.
The provider’s original £55m investment for this work came from AtmosClear Investments, Kompass Kapital and Thesaurium, which was recently boosted by £60m from the Sequoia Economic Infrastructure Income Fund (here). LightSpeed’s original investment also included the “opportunity” to raise their funding up to £300 million as work progresses (here).
New customers would normally pay from £24.95 per month on a 24-month term in order to access their 100Mbps (symmetric) speed broadband package, which rises to £39.95 for their top 1Gbps tier. Both packages include a Wi-Fi 6 wireless router, installation and a commitment toward “no in contract price rises“. But a £30 one-off setup fee is still applicable.
However, new customers who place their order before Friday will also be able to benefit from a special Black Friday discount, which will give you the first six months of broadband service absolutely free.
Still waiting for Fastman to explain how Lightspeed is remotely close to 200k within 40 days
Also, why Fastman believes that Lightspeed offers static IP addresses when it’s clearly only CGNAT.
Gnewton i made no such comment around such matter except to say i trusted the people who designed the network way more that i trust to you to make even an objective post on this forum ever
@Fastman: I stated that Lightspeed offers no static IP-addresses, only CGNAT. Also, (see my Nov 10, 2022) post:
“A little bit more upfront honesty by the ISPs would go a long way to improve relations with customers. Lightspeed’s availability checker is as useless as the ones from Openreach.”
All you had to say on this is that the post is rubbish. Also, you never answered John’s question either.
You are welcome to disagree, but you don’t have to resort to your offensive language.
“Fastman says:
November 10, 2022 at 8:38 am
john really
10% would mean they only would have only enabled 20,000 premises — do trying post something sensible it way more than that and keep up with press releases and industry briefings”
This is a direct copy paste. Where are these that indicate 200,000 premises ??
They offered me 6 months free when it hit my area. I said no not right now. I wonder if fastman is the same John who e-mailed me?
Free fibre? I’d be happy if they actually could be bothered to connect the areas in between the towns they’ve covered, so I could pay for a decent internet connection.
I’m 6.6 miles from Lightspeed’s HQ, between Spalding and Boston, with no sign of them even looking at providing service.
I thought the whole point of these alt-nets were to cover areas that might not get covered by Openreach in a reasonable timeframe
They like other Altnets have the same problem, they’re all going for the same slice of the pie. It’s different when you are the only fibre kid in town.
In some of the towns they serve there’s already other fibre providers, and for it to be worth their while, there has to be enough ‘meat on the bone’. Hence why ‘in-between’ towns are left out, and are often the ones who need the boost in speed most!
It’s still a commendable job, in rolling out fibre using existing BT infrastructure and PIA. The economics make sense, but the pressure to roll out at all costs and as fast as possible comes with its own risks. Oversight, build quality and network performance and design are often neglected as a result.
Bottom line is that they can’t all survive and at some point consolidation has to be the answer much like the coax cable companies of the 90s.