{"id":31931,"date":"2022-08-10T15:23:09","date_gmt":"2022-08-10T14:23:09","guid":{"rendered":"https:\/\/www.ispreview.co.uk\/?p=31931"},"modified":"2022-08-11T11:43:06","modified_gmt":"2022-08-11T10:43:06","slug":"lightspeed-broadband-appoints-new-ceo-for-full-fibre-rollout","status":"publish","type":"post","link":"https:\/\/www.ispreview.co.uk\/index.php\/2022\/08\/lightspeed-broadband-appoints-new-ceo-for-full-fibre-rollout.html","title":{"rendered":"LightSpeed Broadband Appoints New CEO for Full Fibre Rollout"},"content":{"rendered":"

Network operator and UK ISP LightSpeed Broadband<\/a>, which is busy rolling out a new Fibre-to-the-Premises (FTTP<\/a>) network across the East of England, has today announced the appointment of Brett Shepherd as its new Chief Executive Officer (CEO).<\/p>\n

The operator currently aims to cover an initial 200,000 premises<\/strong> across the East of England region by the end of 2022, although they also hold a longer-term ambition to reach 1 million premises by the end of 2025. At the last update in March 2022 we were informed that they’d so far managed to cover 30,000 premises and were in the process of ramping-up (they only started their deployment in April 2021).<\/p>\n

NOTE:<\/strong> LightSpeed harnesses Nokia\u2019s 10Gbps (symmetric) XGS-PON<\/strong> technology and today employs more than 110 people.<\/div>\n

As it stands the operator is already providing service to residents of Boston, Bourne, Spalding, Stamford, Market Deeping, and King\u2019s Lynn. On top of that, a further 26 towns, with tens of thousands of additional homes, are currently scheduled to be ready for service this autumn. Most of this is across parts of Essex, Lincolnshire, Norfolk and Suffolk in England.<\/p>\n

In terms of funding, the provider\u2019s original \u00a355m<\/strong> investment came from AtmosClear Investments, Kompass Kapital and Thesaurium, which was recently boosted by \u00a360m<\/strong> from the Sequoia Economic Infrastructure Income Fund (here<\/a>). We should point out that their original investment also included the \u201copportunity<\/em>\u201d to raise their funding up to \u00a3300 million as work progresses (here<\/a>).<\/p>\n

However, it’s not unusual for big funding announcements to be followed by changes in senior management further down the road, which is where Brett Shepherd<\/strong> comes in as their new CEO. Brett has more than 12 years in senior positions at network infrastructure and telecoms businesses, having previously been the MD of LilaConnect (VXFIBER) and the COO of Gigaclear<\/a> – both alternative UK networks with a similar focus.<\/p>\n

Brett Shepherd, CEO of LightSpeed Broadband<\/a>, said:<\/strong><\/p>\n

“I am absolutely delighted to be joining LightSpeed. I\u2019ve been impressed with the company\u2019s achievements to date and it\u2019s an exciting opportunity to work with a great team to bring the latest full-fibre technology to more homes and businesses across the region, including previously underserved rural areas.<\/p>\n

LightSpeed deliver the whole package to the market; future-proof technology with market leading sustainability and energy efficiency standards, backed up with excellent customer support, a clear and simple product offering and competitive pricing. I believe we bring the gold standard of full fibre to our customers and I can\u2019t wait to get started.”<\/p><\/blockquote>\n

New customers will typically pay \u00a339.95 per month on a 24-month term in order to access their 1000Mbps symmetric speed broadband package, which includes a Wi-Fi 6 wireless router and no in contract price rises. A \u00a330 one-off setup fee is applicable.<\/p>\n","protected":false},"excerpt":{"rendered":"

Network operator and UK ISP LightSpeed Broadband, which is busy rolling out a new Fibre-to-the-Premises (FTTP) network across the East of England, has today announced the appointment of Brett Shepherd as its new Chief Executive Officer (CEO).<\/p>\n","protected":false},"author":1,"featured_media":31939,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[1],"tags":[456,56,461,443,462],"class_list":["post-31931","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uk_isp_news","tag-essex","tag-fttp","tag-lincolnshire","tag-norfolk","tag-suffolk"],"share_on_mastodon":{"url":"","error":""},"yoast_head":"\nLightSpeed Broadband Appoints New CEO for Full Fibre Rollout - ISPreview UK<\/title>\n<meta name=\"description\" content=\"Network operator and UK ISP LightSpeed Broadband, which is busy rolling out a new Fibre-to-the-Premises (FTTP) network across the East of England, has\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ispreview.co.uk\/index.php\/2022\/08\/lightspeed-broadband-appoints-new-ceo-for-full-fibre-rollout.html\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"LightSpeed Broadband Appoints New CEO for Full Fibre Rollout - 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