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Broadband Altnet ITS Technology Appoints Graeme Couturier as UK CFO

Thursday, Jun 11th, 2026 (9:23 am) - Score 480
ITS Technology full fibre node

The ITS Technology Group, which has deployed various open access and business-centric full fibre broadband and Ethernet networks across parts of the UK, have today announced that Graeme Couturier has been appointed as their new Chief Financial Officer (CFO) to lead the company’s “next phase of growth“; the second CFO in half a year.

The move may surprise some readers as the operator only announced in December 2025 that Paolo Benedetto had been appointed as CFO (here), but he exited the position in May 2026. In any case, Graeme is said to be bringing more than 25 years of leadership experience across telecoms and technology, working with fast-growing, private equity-backed and listed businesses – most recently serving as Group CFO at M247.

NOTE: ITS Tech has previously secured an investment of £145m from Aviva Investors (here and here), as well as £100m of debt financing from global investment firm Avenue Capital Group (here).

The operator’s XGS-PON based full fibre network was last year said to “pass” more than 465,000 UK businesses (inc. commercial premises), and they often claim to “reach the rest” through their trusted operator partners’ infrastructure, which includes the likes of BTWholesale, Sky, PXC and Virgin Media Business.

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Daren Baythorpe, CEO of ITS, said:

“Graeme brings deep sector experience and a strong track record of leading businesses through growth and change. His understanding of connectivity infrastructure and capital-intensive environments will be hugely valuable as we continue to grow and invest in the business.”

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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, BlueSky, Threads.net and .
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Comments
2 Responses

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  1. Avatar photo Jav says:

    Wrong model. Vorboss with 100gbe leased lines vs ITS with PON “leased lines”. Extinction event incoming.

    1. Avatar photo Scotty says:

      Please explain more…..

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