{"id":35874,"date":"2023-10-02T08:50:43","date_gmt":"2023-10-02T07:50:43","guid":{"rendered":"https:\/\/www.ispreview.co.uk\/?p=35874"},"modified":"2023-10-02T09:28:11","modified_gmt":"2023-10-02T08:28:11","slug":"virgin-media-o2-linked-nexfibre-build-fttp-to-500k-uk-premises-and-appoints-ceo","status":"publish","type":"post","link":"https:\/\/www.ispreview.co.uk\/index.php\/2023\/10\/virgin-media-o2-linked-nexfibre-build-fttp-to-500k-uk-premises-and-appoints-ceo.html","title":{"rendered":"Virgin Media O2 Linked Nexfibre Build FTTP to 500K UK Premises and Appoints CEO"},"content":{"rendered":"

Network operator nexfibre<\/a>, which is working in a wholesale partnership with broadband ISP Virgin Media<\/a> (VMO2) to deploy a new 10Gbps capable Fibre-to-the-Premises (FTTP<\/a>) network across up to 7 million UK premises, has today announced that they’ve covered 500,000 premises (RFS) and appointed Rajiv Datta as CEO.<\/p>\n

In case anybody has forgotten. Virgin Media<\/a> effectively completed their own broadband expansion at the end of 2022 (16.1+ million UK homes serviceable). Since then the vast majority of new XGS-PON powered FTTP<\/a> broadband build has come under nexfibre<\/a><\/strong>‘s wholesale network, which is a closely linked joint venture company that was established in 2022 by Telef\u00f3nica, Liberty Global and InfraVia Capital Partners (here<\/a>).<\/p>\n

NOTE:<\/strong> At present, Virgin Media<\/a> remains nexfibre<\/a>\u2019s only anchor tenant ISP, but that may change once coverage grows and if they can treat ISPs as fairly as Openreach<\/a>.<\/div>\n

Nexfibre<\/a>’s \u00a34.5bn<\/strong> aspiration (\u00a31.4bn in equity and \u00a33.1bn in debt) is to expand full fibre to reach \u201cup to<\/em>\u201d 7 million additional UK homes \u2013 staring with 5m by 2026 (i.e. those homes not currently served by Virgin Media). In theory, this could push the combined VMO2 and nexfibre footprint to around 80% of UK premises by 2028 (up to 23 million premises), which is close to Openreach<\/a>’s planned FTTP<\/a> build (i.e. 25 million by Dec 2026).<\/p>\n

At the last update on 25th July 2023, we noted that nexfibre had so far covered around 300,000 premises passed (here<\/a>) – adding 175,500 premises in Q2 2023 alone – and today’s announcement reveals that they’ve now passed 500,000 premises<\/strong> (all classed as ‘Ready for Service’). Crucially, this does NOT yet include the c.175,000 premises they’re set to acquire as part of the recently announced acquisition of Upp from LetterOne (here<\/a>). Put another way, their rate of build is continuing to steadily increase.<\/p>\n

The other big news today is that nexfibre has now appointed industry veteran Rajiv Datta<\/strong> to be its Chief Executive Officer<\/strong> (CEO). Rajiv has 25 years of experience in the industry under his belt – mostly with building and managing large fibre-based networks and services across the US, Europe and Asia – and previously worked at Colt Technologies and AboveNet Communications (now Zayo Group).<\/p>\n

Andrea Salvato, Chairman of nexfibre, said: <\/strong><\/p>\n

“The Board and I are delighted that Rajiv is joining the nexfibre team, and we look forward to working with him and our partners at Virgin Media O2<\/a> to create a national scale challenger, boosting wholesale competition, driving consumer choice and providing significant value to the UK economy.<\/p>\n

We would like to thank Bernardo Quinn for his commitment and contribution. He has been instrumental in creating the nexfibre organisation, and setting the impressive pace of the programme to date.”<\/p><\/blockquote>\n

The mention of “boosting wholesale competition [and] driving consumer choice<\/em>” is key. Until the operator can attract other ISPs to their platform, then all they may be perceived as doing is acting as a vehicle for Virgin Media’s continued expansion, albeit without Virgin itself feeling pressure from Ofcom<\/a> to go wholesale (something VM have long been prepared to do). Despite early talk of potential agreements with TalkTalk<\/a> and Sky Broadband<\/a>, none have yet emerged.<\/p>\n

The other difficulty is that nexfibre appears to have adopted Virgin Media’s seeming inability to announce any kind of useful future rollout plan, which is something that doesn’t seem to cause a problem for Openreach<\/a> and many other alternative networks.<\/p>\n","protected":false},"excerpt":{"rendered":"

Network operator nexfibre, which is working in a wholesale partnership with broadband ISP Virgin Media (VMO2) to deploy a new 10Gbps capable Fibre-to-the-Premises (FTTP) network across up to 7 million UK premises, has today announced that they’ve covered 500,000 premises (RFS) and appointed Rajiv Datta as CEO.<\/p>\n","protected":false},"author":1,"featured_media":30607,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[1],"tags":[472,56,32,475],"class_list":["post-35874","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uk_isp_news","tag-business","tag-fttp","tag-o2","tag-virgin-media"],"share_on_mastodon":{"url":"https:\/\/mastodon.social\/@ispreview\/111164335603218022","error":""},"yoast_head":"\nVirgin Media O2 Linked Nexfibre Build FTTP to 500K UK Premises and Appoints CEO - ISPreview UK<\/title>\n<meta name=\"description\" content=\"Network operator nexfibre, which is working in a wholesale partnership with broadband ISP Virgin Media (VMO2) to deploy a new 10Gbps capable\" \/>\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\/10\/virgin-media-o2-linked-nexfibre-build-fttp-to-500k-uk-premises-and-appoints-ceo.html\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Virgin Media O2 Linked Nexfibre Build FTTP to 500K UK Premises and Appoints CEO - 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