{"id":35699,"date":"2023-09-14T00:01:37","date_gmt":"2023-09-13T23:01:37","guid":{"rendered":"https:\/\/www.ispreview.co.uk\/?p=35699"},"modified":"2023-09-14T08:02:44","modified_gmt":"2023-09-14T07:02:44","slug":"fern-trading-finalise-consolidation-of-its-uk-full-fibre-networks","status":"publish","type":"post","link":"https:\/\/www.ispreview.co.uk\/index.php\/2023\/09\/fern-trading-finalise-consolidation-of-its-uk-full-fibre-networks.html","title":{"rendered":"Fern Trading Finalise Consolidation of its UK Full Fibre Networks"},"content":{"rendered":"

After a significant number of redundancies and a long period of silence, investment group Fern Trading<\/a> – part of Octopus Investments – has finally revealed the structure of their UK fibre optic network following the consolidation of FTTP<\/a> broadband ISPs Jurassic Fibre, Swish Fibre, Giganet and AllPoints Fibre.<\/p>\n

In case anybody has forgotten, Fern Trading has – over the past few years – committed many hundreds of millions of pounds to the aforementioned operators, which have all been busy deploying gigabit-capable Fibre-to-the-Premises (FTTP<\/a>) networks across different parts of the UK.<\/p>\n

NOTE:<\/strong> Fern Trading also backs London business ISP Vorboss, which isn’t being consolidated.<\/div>\n

However, it’s reasonably plausible that these networks may have also been suffering from at least some of the same strains as many other alternative networks in the market, such as rising build costs, competition from overbuild by rivals and the challenge of growing strong take-up.<\/p>\n

Partly as a result of that, we had long speculated that Fern might eventually move to consolidate all these networks (summary below), and that’s precisely what they ended up announcing in February 2023 (here<\/a>). Fern said that their businesses would work to combine their regional operations and create a national wholesale network during the course of 2023.<\/p>\n

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

\u27a4 Giganet<\/a><\/strong> \u2013 Backed by \u00a3250m from Fern Trading to cover a total of 300,000 premises by the end of 2025 \u2013 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> \u2013 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<\/a><\/strong> \u2013 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 150,000 premises so far (March 2023).<\/p>\n

\u27a4 AllPoints Fibre<\/a><\/strong> \u2013 Working to deploy a wholesale FTTP network for other ISPs to use, but details have been very vague (here<\/a>).<\/p><\/blockquote>\n

At the time, we suggested that such a consolidation could also result in various cost efficiencies, which sometimes has an unfortunate tendency to result in redundancies. But when we queried this, Fern, perhaps questionably, stressed to ISPreview that redundancies were not part of the plan for their initiative.<\/p>\n

Nevertheless, after a few more months had passed, former staff soon began reporting sizeable redundancies at several of their networks (example<\/a>) – Fern and its providers repeatedly declined to respond to our many requests for comment on this. But the good news is that their long period of silence has finally come to an end.<\/p>\n

What’s Changing?<\/strong><\/span><\/h3>\n

The announcement itself doesn’t go into a lot of detail, but it does confirm that they’re today launching new branding. In simple terms, broadband ISP Cuckoo<\/strong><\/a>, which was acquired by Giganet a year ago (here<\/a>), will now become the main retail outlet for all of Fern’s consolidated full fibre networks (i.e. this is where consumers will get their packages).<\/p>\n

As for the physical network infrastructure itself – Jurassic Fibre, Swish Fibre and Giganet will now form a single national wholesale network under the AllPoints Fibre<\/b> brand, which is a bit of a curious move as this is easily the least familiar of the four brands. Despite this, it’s said that the change will “accelerate full fibre delivery over the next five years<\/em>” by leveraging resources, knowledge, and expertise from across the group.<\/p>\n

Jarlath Finnegan, CEO AllPoints Fibre, said:<\/strong><\/p>\n

“It\u2019s an exciting and dynamic time for the UK fibre market, spurred by the nation\u2019s growing need for countrywide access to fast, reliable and fairly priced internet services. That\u2019s why the time is right to bring our new model for accelerating deployment and uptake to market.<\/p>\n

AllPoints Fibre is poised to become a powerful, fully integrated wholesale business, that\u2019s on track to build and manage multiple networks nationwide.<\/p>\n

Meanwhile, Cuckoo<\/a> is already positioned as a truly national retail ISP challenger, with its award-winning visual identity & design system providing a solid foundation to evolve from.<\/p>\n

Our integrated, partner-oriented, customer-first approach, has the missing ingredients needed to provide futureproof digital foundations for all.”<\/p><\/blockquote>\n

Paul Hellings, CEO of Cuckoo<\/a>, said:<\/strong><\/p>\n

“Our Cuckoo customer base which will bring in Jurassic Fibre, Giganet and Swish Fibre in the coming months, can expect some truly exciting developments from our combined team of experts and we\u2019re very excited to share more in due course.<\/p>\n

What I can say now, is that we will always push the envelope, not only through implementing the latest in cutting-edge Full Fibre technology, to make our products faster and more reliable than ever, but by ensuring that our customers actually feel good about their broadband, while we remain dedicated to providing them with an unmatched customer experience.”<\/p><\/blockquote>\n

Existing customers are expected to be migrated to Cuckoo over the “coming months<\/em>“, which we hope will be a smooth process. But such things often cause confusion, which means that Cuckoo and Fern will need to be very careful not to upset existing customers by introducing any negative changes, such as in terms of service features or prices (changes, if they do occur, tend to follow further down the line).<\/p>\n

We should point out that Cuckoo’s platform also supports other networks, like CityFibre<\/a> and Openreach<\/a>, which is important because Giganet has customers across multiple networks – not only on their own-build fibre infrastructure.<\/p>\n

However, Fern has pledged that their revised brands will remain dedicated to “offering the lowest cost to serve, fast and fair services<\/em>“, as well as an “unmatched customer experience across both wholesale and retail markets<\/em>“. Time will tell.<\/p>\n

Question marks also remain over how many premises the newly combined network has so far passed? How many customers they’ve attracted? What their build targets are for the future? How much investment remains committed to deliver on that and how many workers they have left? We asked and were told that, for now, such information isn’t being shared.<\/p>\n

Once all is said and done, it’s not impossible to envisage the final network becoming a consolidation target itself, particularly if it were found to be struggling to generate viable take-up and the pace of build struggles to increase.<\/p>\n","protected":false},"excerpt":{"rendered":"

After a significant number of redundancies and a long period of silence, investment group Fern Trading – part of Octopus Investments – has finally revealed the structure of their UK fibre optic network following the consolidation of FTTP broadband ISPs Jurassic Fibre, Swish Fibre, Giganet and AllPoints Fibre.<\/p>\n","protected":false},"author":1,"featured_media":24621,"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-35699","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 Trading Finalise Consolidation of its UK Full Fibre Networks - ISPreview UK<\/title>\n<meta name=\"description\" content=\"After a significant number of redundancies and a long period of silence, investment group Fern Trading - 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