Lincolnshire-based UK ISP LightSpeed Broadband, which is rolling out a new Fibre-to-the-Premises (FTTP) network to 200,000 premises across the East of England (rising to 1 million by the end of 2025), has appointed Jason Coward to be its new Chief Commercial Officer (CCO) as it continues with a shake-up of senior management.
The provider, which has been going through somewhat of a management reshuffle of late, was originally backed by a £55m investment 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).
The new CCO, Jason, brings with him plenty of board-level, leadership and senior sales and marketing experience across the media, publishing, and telecoms sectors, including roles as Chief Marketing Officer of Sky Italia, Director of Marketing & Development at Sony and CEO of Team TalkTalk for The&Partnership.
Jason Coward, CCO of LightSpeed Broadband, said:
“I am really thrilled to be joining the LightSpeed team at such an exciting time for the business. I have witnessed the roll-out speed and building of such a technologically advanced full-fibre network at pace, and I am very impressed with what LightSpeed has achieved. Now, we will be building on this to rapidly develop the customer experience, marketing and sales to further strengthen its position as a leading regional player in the market as we bring Gigabit broadband to more underserved communities across the East of England.”
LightSpeed, which employs 120 people, is currently providing service to residents including Boston, Bourne, Braintree, Clacton-on-Sea, Dereham, Downham Market, Fakenham, Holbeach, Hunstanton, King’s Lynn, Long Sutton, Market Deeping, Skegness, Sleaford, Spalding, Stamford, Stowmarket and Thetford, with its network expanding across further towns along the coast of the East of England.
“200,000 premises across the East of England” ?
It looks like Lightspeed is nowhere near that target by the end of this year (2022). See e.g. https://labs.thinkbroadband.com/local/index.php?tab=2&election=1#8/53.068/0.703/lightspeed/
And as is the case with so many altnets, there will be a commercial risk of low takeup because:
– building in areas which already have other FTTP providers (e.g. Boston, Clacton, etc)
– it’s only a CGNAT service, no offer of static IP-addresses
– lack of properly published rollout plans (almost as bad as Openreach)
Some places like Spalding even have Netomnia + Upp + Lightspeed + Virgin + OR
But hey waiting for Fastman to come and tell us that Thinkbroadband is behind by a digit
you really have nothing postitive to say about anything ever – do you
25000 premises in clacton — this the other provider has done a few hundred and started after lightspeed had announced –
pointless actually having any sort of sensible conversation on this platform
@Fastman: Do you have anything constructive to say at all? And can you provide your sources to back up your claims?
For example, Clacton already has at least another 2 competing FTTP networks (Openreach, LitFibre), see e.g. https://labs.thinkbroadband.com/local/index.php?tab=2&election=1#14/51.8047/1.1925/geafttp/litfibre/, whereas thinkbroadband does not yet show any entries for Lightspeed in that town!
Also, according to roadworks.org, the Digital Infrastructures Ltd is busy building fibre in most of Clacton, too. So that will be a total of 4 fibre networks in that area.
By contrast, there are still many towns with no fibre at all.
“By contrast, there are still many towns with no fibre at all.”
Absolutely right GNewton.
Altnets including LightSpeed don’t seem to communicate information about any future build plans other than those on their website. Upp have been doing “cabling activities” on the roads around our town according to BIDB but when I asked Upp for more information they told me they’d come back with a response within 3 days. They acknowledged my question but it’s been 2 weeks and no actual answer so is suspect they are searching for the year book / politically correct answer.
Why can’t they just be more transparent and honest?