{"id":33649,"date":"2023-02-08T16:27:57","date_gmt":"2023-02-08T16:27:57","guid":{"rendered":"https:\/\/www.ispreview.co.uk\/?p=33649"},"modified":"2023-02-09T11:58:55","modified_gmt":"2023-02-09T11:58:55","slug":"fern-consolidates-uk-isps-jurassic-fibre-swish-fibre-giganet-and-allpoints-fibre","status":"publish","type":"post","link":"https:\/\/www.ispreview.co.uk\/index.php\/2023\/02\/fern-consolidates-uk-isps-jurassic-fibre-swish-fibre-giganet-and-allpoints-fibre.html","title":{"rendered":"Fern Consolidates UK ISPs Jurassic Fibre, Swish Fibre, Giganet and AllPoints Fibre UPDATE2"},"content":{"rendered":"

In a major development, investment firm Fern Trading has just announced that several of their full fibre broadband ISPs and networks (i.e. those where they hold a majority stake) – including Jurassic Fibre, Swish Fibre<\/a>, Giganet (Cuckoo<\/a>) and AllPoints Fibre<\/a> – are to be consolidated into a single Fibre-to-the-Premises (FTTP<\/a>) operating entity.<\/p>\n

Regular readers might recall that we speculated about the possibility of such a move last month (here<\/a>), which came after Vitrifi<\/a> – another of the company’s that Fern backs – launched a new technology to help Alternative Networks (AltNets) offer wholesale products. At that point, it seemed likely to us that Fern’s own providers would be prime targets for such a solution, particularly as they all operate in different parts of the UK.<\/p>\n

NOTE:<\/strong> At the time of writing, the newly proposed entity does not yet have a name.<\/div>\n

However, we should add that Vitrifi and business fibre ISP Vorboss, the other two companies in Fern Trading\u2019s fibre division, are not being consolidated with the other four businesses, but will continue to work closely with the combined group.<\/p>\n

Summary of the Providers and Fibre Plans<\/strong><\/span><\/p>\n

\u27a4 Giganet<\/strong> – Backed by \u00a3250m from Fern Trading to cover a total of 300,000 premises by the end of 2025 – across poorly served parts of Hampshire, Dorset, Wiltshire and West Sussex. Passed 50,000 premises so far (Dec 2022).<\/p>\n

\u27a4 Swish Fibre<\/a><\/strong> – Backed by \u00a3225m from Fern Trading to cover a total of 250,000 premises across the Home Counties of England (i.e. mostly Essex, Hertfordshire, Kent, Surrey, Sussex, Oxfordshire, Northamptonshire and Hampshire). No data on premises passes so far.<\/p>\n

\u27a4 Jurassic Fibre<\/strong> – Backed by \u00a3250m from Fern Trading to cover 500,000 premises across the South West (Cornwall, Devon, Somerset, and Dorset) by the end of 2025 (covering 30 towns and villages). Passed 100,000 premises so far (June 2022).<\/p>\n

\u27a4 AllPoints Fibre<\/a><\/strong> – Working to deploy a wholesale FTTP<\/a> network for other ISPs to use, but details still vague (here<\/a>).<\/p><\/blockquote>\n

Under the new plan. The combined group’s Internet Service Provider (ISP) brands will now accelerate delivery of a “fast and fair<\/em>” full fibre offering for retail customers across the enlarged network. The businesses will work to combine their regional operations and create a national wholesale network during the course of 2023.<\/p>\n

But it’s currently unclear whether this means the individual retail ISP brands involved, as well as the underlying network, will also be consolidated under a single name. We have asked and will update again later. In addition, the reason why Giganet’s CEO is the only one of the four to comment below is because he’s the one that Fern has chosen to lead the combined group moving forward.<\/p>\n

Jarlath Finnegan, CEO of Giganet, said:<\/strong><\/p>\n

“All four companies are excited to build upon the solid foundations they have built over the last few years as a combined force. Together, we will become even stronger through exceptional customer service, combined with a relentless focus on technology and product. We\u2019re looking forward to expanding our presence across the country and providing even more customers with access to full fibre connectivity.”<\/p><\/blockquote>\n

John Browett, Chairman of Fern Trading\u2019s Fibre Division, said:<\/strong><\/p>\n

“In the coming years, the UK fibre market is going to experience exponential change, driven by the massive need to ensure homes and businesses in every part of the UK have access to a fast and fairly priced internet service. We expect to see continued consolidation within the industry, and by combining these successful businesses now, we will be in a fantastic position to take advantage of those market opportunities as they unfold. Our ambitions have always been high, but today represents the start of even bolder aspirations for our place in the UK fibre sector.”<\/p><\/blockquote>\n

On the plus side, the unification of the four businesses will enable them to combine their resources, knowledge and expertise to hasten and grow full fibre network access across the UK. Inevitably, this will also find various cost efficiencies, although that in turn could – we imagine – potentially result in a few redundancies, but it might create some new roles too.<\/p>\n

At this point it\u2019s worth highlighting that some other investment firms, such as Infracapital, are also putting significant backing behind several FTTP<\/a> operators in a similar fashion to Fern. In that sense, we can\u2019t help but speculate about whether they, and others like them, might be considering a similar move.<\/p>\n

UPDATE 5:19pm<\/strong><\/p>\n

According to Fern, the initial aim for this year will just be to ensure the operational unification is a success. Put another way, they aren’t creating a new brand for the combined business now, but will look at refocusing or changing some of their brands within the group in the future.<\/p>\n

UPDATE 9th Feb 2023 @ 11:57am<\/strong><\/p>\n

Fern has stressed to us that redundancies are not part of the plan for this initiative. The company also wants to ensure that they’re in a strong position to be active in the looming wave of industry consolidation that is anticipated over the next few years.<\/p>\n","protected":false},"excerpt":{"rendered":"

In a major development, investment firm Fern Trading has just announced that several of their full fibre broadband ISPs and networks (i.e. those where they hold a majority stake) – including Jurassic Fibre, Swish Fibre, Giganet (Cuckoo) and AllPoints Fibre – are to be consolidated into a single Fibre-to-the-Premises (FTTP) operating entity.<\/p>\n","protected":false},"author":1,"featured_media":32543,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[1,1645],"tags":[472,56,2146],"class_list":["post-33649","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uk_isp_news","category-key_uk_isp_industry_developments","tag-business","tag-fttp","tag-giganet"],"share_on_mastodon":{"url":"","error":""},"yoast_head":"\nFern Consolidates UK ISPs Jurassic Fibre, Swish Fibre, Giganet and AllPoints Fibre UPDATE2 - ISPreview UK<\/title>\n<meta name=\"description\" content=\"In a major development, investment firm Fern Trading has just announced that several of their full fibre broadband ISPs and networks (i.e. those where\" \/>\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\/2023\/02\/fern-consolidates-uk-isps-jurassic-fibre-swish-fibre-giganet-and-allpoints-fibre.html\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fern Consolidates UK ISPs Jurassic Fibre, Swish Fibre, Giganet and AllPoints Fibre UPDATE2 - 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