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ISP Lightning Fibre Appoints Interim CEO as Ben Ferriman Exits

Monday, Jul 24th, 2023 (12:27 pm) - Score 2,104
lightning-fibre-cabinet-installed

Network builder and UK broadband ISP Lightning Fibre, which is deploying a multi-gigabit speed Fibre-to-the-Premises (FTTP) network across parts of Sussex and Kent (England), has today announced the appointment of an interim CEO, Stefan Stanislawsk, to replace the company’s outgoing boss and founder, Ben Ferriman.

The operator, which is backed by private equity firm Foresight (here), first began their rollout in 2019 and was initially focused on deploying across the Eastbourne, Hastings, Bexhill, Hailsham, St Leonard’s, Haywards Heath, Tenterden, Heathfield and Broad Oak areas of East Sussex and Kent (here).

NOTE: Lightning Fibre currently supports over 200 local jobs and a range of community projects in the South East.

Sadly, we haven’t had a solid progress update from this alternative network provider since September 2022, when they reported being home to a total of 60,000 premises passed and were initially aiming to reach 140,000 premises (i.e. this was their fully funded build, rather than a longer-term target). But we do note that they recently went live across another 6,500 premises in Langney – part of their Eastbourne patch.

Nevertheless, the Eastbourne-based AltNet has today announced that they’re entering their “next phase of growth” and as part of that they’ve appointed Stefan Stanislawski to be their new, interim Chief Executive Officer (CEO).

Stefan said:

“Lightning Fibre is a well-established company, with a strong brand, and I am excited to take on this role and confident I can help Lightning Fibre build on its success thus far.”

The announcement on their website makes no mention of what has happened to the company’s former CEO and founder, Ben Ferriman, who at the time of writing is currently still listing himself as CEO on LinkedIn. But it’s entirely possible that he may have already announced his departure, and we’ve simply forgotten about it or overlooked the news somewhere (Companies Houses reports that Ben was terminated as a Director on 9th June 2023).

Interestingly, Stefan is also the CEO of Lightning Fibre’s sister company, Connect Fibre, who are both backed by Foresight Group. But the PR says that both companies will continue to operate independently, even though that’s now a bit of a contradiction when sharing the same boss. On the other hand, Stefan is only an “interim” CEO, which suggests that they haven’t had enough time to find a permanent replacement for Ben.

NOTE: The Foresight Group also back F&W Networks (Hey! Broadband), as well as Connect Fibre and Lightning Fibre.
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Mark-Jackson
By Mark Jackson
Mark is a professional technology writer, IT consultant and computer engineer from Dorset (England), he also founded ISPreview in 1999 and enjoys analysing the latest telecoms and broadband developments. Find me on X (Twitter), Mastodon, Facebook and .
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Comments
8 Responses
  1. Avatar photo FibreBubble says:

    Lightning Fibre have abandoned their Haywards Heath build. Looks like Foresight pulled the plug on them preferring to give the town to their joint venture F@W / Hey Broadband.

    Haywards Heath is still littered with Lightning Fibre flyposting though.

    1. Avatar photo Ben says:

      [citation needed], as their Haywards Heath build appears to be live in some areas? (e.g. Bolnore Village)

    2. Avatar photo FibreBubble says:

      Please advise of any postcode in Bolnore Village that is able to place an order.

    3. Avatar photo Ben says:

      RH16 4GS

    4. Avatar photo FibreBubble says:

      Thanks. That is interesting. That postcode is also live for Hey Broadband which is part owned by Foresight.

  2. Avatar photo Jason says:

    Seems like an odd move given Connect fibre has poor build and zero customers.

    1. Mark-Jackson Mark Jackson says:

      What’s your evidence for that statement? I’ve not seen any solid customer figures from the provider or recent build figures.

  3. Avatar photo Bob says:

    The published account tell us very little. No real idea as to how well they are doing

Comments are closed

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