{"id":35449,"date":"2023-08-20T00:01:32","date_gmt":"2023-08-19T23:01:32","guid":{"rendered":"https:\/\/www.ispreview.co.uk\/?p=35449"},"modified":"2023-08-18T12:47:19","modified_gmt":"2023-08-18T11:47:19","slug":"fibrespeed-network-in-north-wales-plans-for-post-2025-future","status":"publish","type":"post","link":"https:\/\/www.ispreview.co.uk\/index.php\/2023\/08\/fibrespeed-network-in-north-wales-plans-for-post-2025-future.html","title":{"rendered":"FibreSpeed Network in North Wales Plans for Post 2025 Future"},"content":{"rendered":"

The 411km long FibreSpeed<\/a> network, which is owned by the Welsh Government<\/a> – albeit now operating as an independent business – and reflects a high-capacity fibre optic communications and broadband network that spans across North Wales, has launched a new Prior Information Notice (PIN) to help plan its future beyond 2025.<\/p>\n

The network itself, which stretches from Holyhead<\/strong> (i.e. along the northern coastline following the primary A55 road network) and all the way over into Manchester<\/strong>, was established in 2009 as a Welsh Government<\/a>, GEO Networks and EU funded project to build a fibre optic network in North Wales.<\/p>\n

NOTE:<\/strong> FibreSpeed stopped being funded by the WG in 2013 and instead started to operate as an independent commercial business (here<\/a>) – delivering in excess of \u00a31m turnover<\/strong> per annum.<\/div>\n

In recent years’ we haven’t really heard all that much from FibreSpeed, but the new PIN confirms that the existing contract to operate the network is due to expire on 31st March 2025<\/strong>. As a result, the WG are starting a market engagement exercise to explore the possible options for the future of the network beyond the existing contract term.<\/p>\n

The WG appears to be looking to ascertain if there is market interest in two different options or possibly a combination of both, such as operating the network via a commercial agreement with the WG or allowing the network to be purchased out-right. The market engagement will remain open for feedback until 8th September 2023 and a contract notice could then be published as soon as 1st January 2024.<\/p>\n

The 411km fibre live network comprises a single duct, with extensive break out points and a 96-fibre cable. The network features 13 Points of Presence (PoPs) and extends west to east between Parc Cybi, Holyhead, Anglesey, and Manchester Reynolds House colocation facility.<\/p>\n

The network also has 8 wireless masts ranging in height from 15m to 25m distributed across several PoPs, with associated colocation capability that can provide fibre infrastructure or wireless connectivity across adjacent business parks, alongside 10 carrier neutral connectivity sites.<\/p>\n

In addition to the main network route, there are also additional duct and fibre network assets with multiple interconnect points built to the same specification extending south between Caernarfon and Pwllheli that are not currently live, but that are Ready for Service (RFS).<\/p>\n

A quick look at FibreSpeed’s most recent company accounts<\/a>, to the end of 2021, reveals that revenues increased by 24% compared to the same period last year. But turnover is listed as standing at \u00a33.097m (down from \u00a33.754m in 2020) and operating profit was \u00a31.739m (up from \u00a31.494m). During the year, a dividend of \u00a32m was also declared to the Company’s parent, Zayo Group UK.<\/p>\n","protected":false},"excerpt":{"rendered":"

The 411km long FibreSpeed network, which is owned by the Welsh Government – albeit now operating as an independent business – and reflects a high-capacity fibre optic communications and broadband network that spans across North Wales, has launched a new Prior Information Notice (PIN) to help plan its future beyond 2025.<\/p>\n","protected":false},"author":1,"featured_media":35450,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[1,1645],"tags":[478,52,38,71],"class_list":["post-35449","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uk_isp_news","category-key_uk_isp_industry_developments","tag-ethernet","tag-fibre-optic","tag-politics","tag-wales"],"share_on_mastodon":{"url":"","error":""},"yoast_head":"\nFibreSpeed Network in North Wales Plans for Post 2025 Future - ISPreview UK<\/title>\n<meta name=\"description\" content=\"The 411km long FibreSpeed network, which is owned by the Welsh Government - 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