{"id":36909,"date":"2024-01-19T07:44:25","date_gmt":"2024-01-19T07:44:25","guid":{"rendered":"https:\/\/www.ispreview.co.uk\/?p=36909"},"modified":"2024-01-23T14:33:57","modified_gmt":"2024-01-23T14:33:57","slug":"job-losses-as-uk-full-fibre-isp-fibrus-start-redundancy-process","status":"publish","type":"post","link":"https:\/\/www.ispreview.co.uk\/index.php\/2024\/01\/job-losses-as-uk-full-fibre-isp-fibrus-start-redundancy-process.html","title":{"rendered":"Job Losses as UK Full Fibre ISP Fibrus Start Redundancy Process UPDATE"},"content":{"rendered":"<p>In a perhaps unsurprising development, given recent news, Infracapital-backed broadband ISP <a class=\"shortlink shortlink-168 shortlink shortlink-168\" title=\"Fibrus broadband\" href=\"https:\/\/www.ispreview.co.uk\/index.php\/link\/fibrus\" target=\"_blank\" rel=\"noopener\">Fibrus<\/a>, which is building a new full fibre (<a class=\"shortlink shortlink-110 shortlink-chref\" title=\"fttp\" href=\"https:\/\/www.ispreview.co.uk\/index.php\/link\/fttp\" target=\"_blank\" rel=\"noopener\" data-chref=\"https:\/\/www.ispreview.co.uk\/broadband_fibre_optic.php\">FTTP<\/a>) network across Northern Ireland and parts of North England, have begun a redundancy consultation that is expected to result in an unspecified number of job losses among their civil engineers.<!--more--><\/p>\n<p>Just for context. Last month we revealed that <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/link\/fibrus\" target=\"_blank\">Fibrus<\/a> had pulled out of their state aid supported Project Gigabit contract for the North East of England and, on top of that, they paused their related commercial build plans for <strong>Northumberland<\/strong> and <strong>Durham<\/strong> (<a href=\"https:\/\/www.ispreview.co.uk\/index.php\/2023\/12\/fibrus-pulls-out-of-north-east-project-gigabit-broadband-contract.html\">here<\/a>). \u201c<em>Given the state and cost of the capital markets we have taken the decision to focus our equity and debt funding in our home markets of NI and Cumbria<\/em>,\u201d said the operator.<\/p>\n<div class=\"bq2\"><strong>NOTE:<\/strong> <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/link\/fibrus\" target=\"_blank\">Fibrus<\/a> has attracted over \u00a3750m of committed capital, including \u00a3235m from investors, \u00a3220m from a banking consortium and the rest as public subsidy (e.g. \u00a3197m <a href=\"https:\/\/hyperfastni.com\/availability\" target=\"_blank\" rel=\"noopener\"><strong>Project Stratum<\/strong><\/a> \u2013 85,000 premises by March 2025 in N.Ireland \u2013 and the \u00a3108m Project Gigabit contract for 60,000 premises in Cumbria, England \u2013 <a href=\"https:\/\/hyperfastgb.com\/\" target=\"_blank\" rel=\"noopener\"><strong>Hyperfast GB<\/strong><\/a>).<\/div>\n<p>The move reflected a significant change for the operator, which had previously been targetting a commercial build to cover 125,000 premises across 40 locations in the North East of England (<a href=\"https:\/\/www.ispreview.co.uk\/index.php\/2023\/05\/fibrus-plan-full-fibre-rollout-for-40-places-in-north-east-england.html\">here<\/a>). On top of that, the Government had valued the separate Project Gigabit contract at <strong>\u00a382.7m<\/strong>, which would have helped to extend gigabit broadband coverage to an additional 53,200 of the hardest to reach premises.<\/p>\n<p>However, it&#8217;s no secret that network operators across the market are currently also being placed under a lot of strain, not least due to issues like rising build costs (inflation, leases, suppliers etc.) and the greater difficulty in raising fresh investment. Instead, we&#8217;ve seen a lot of full fibre builds switching their focus to growing take-up, as they try to weather the storm.<\/p>\n<p>Suffice to say, the decision by <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/link\/fibrus\" target=\"_blank\">Fibrus<\/a> to focus on Northern Ireland and Cumbria was a natural result of this, but the loss of such a major project always seemed like it might have some impact on jobs too. But according to a new article on <a href=\"https:\/\/www.bbc.co.uk\/news\/uk-northern-ireland-68022243\" target=\"_blank\" rel=\"noopener\">BBCNews<\/a>, which doesn&#8217;t appear to be aware of the recent change in the North East, Fibrus are linking this redundancy consultation to the &#8220;<em>imminent completion of its roll out in Northern Ireland<\/em>.&#8221;<\/p>\n<blockquote class=\"bq1\"><p><strong>A Fibrus Spokesperson said:<\/strong><\/p>\n<p>&#8220;The company plans to continue to grow its customer facing areas while the workforce in network construction and relevant supporting areas is expected to be reduced &#8230; In light of the imminent completion of its roll out in Northern Ireland, the company has begun a consultation with its staff on the roles that will be affected due to this programme being completed.<\/p>\n<p>The focus of the company now will be to continue with its aggressive customer acquisition plan, with the company already servicing some 70,000 customers to date, a growth of over 40,000 in the past twelve months.&#8221;<\/p><\/blockquote>\n<p>At this stage it remains unclear how many jobs will go or how much all of this recent disruption will impact their original target of covering 1 million premises by around the end of Q1 2026 \u2013 reflecting around 450,000 premises in N.Ireland (c. 50% of homes in the region) and the rest from England. In the past, there had also been some talk about expanding into Scotland, but that too seems unlikely to move forward.<\/p>\n<p>Fibrus\u2019 last overall progress update was in August 2023, when the operator revealed that their network had covered a total of 300,000 UK premises (273k RFS) and was home to 50,000 customers (now 70,000). At the time, the operator predicted that it would cover 400,000 premises by March 2024 (i.e. 150,000 in a single year), although it&#8217;s unclear how close to that they are today.<\/p>\n<p>However, if they are getting close to 400k, and most of those will be from their N.Ireland build, then it does appear as if they&#8217;re getting closer to completion of their build plans on the N.Ireland side. Naturally this means they won&#8217;t be dramatically expanding that side of their build again, at least not anytime soon, which of course also means fewer engineers as the operator switches to focus on maintenance and growing take-up.<\/p>\n<div class=\"bq2\"><strong>NOTE:<\/strong> Infracapital also owns or has stakes in <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/go\/gigaclear\" rel=\"nofollow\" target=\"_blank\">Gigaclear<\/a>, <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/link\/spectruminternet\" target=\"_blank\">Ogi<\/a>, <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/link\/neos\" target=\"_blank\">Neos Networks<\/a> and <a href=\"https:\/\/www.ispreview.co.uk\/index.php\/link\/wightfibre\">WightFibre<\/a> etc.<\/div>\n<p><strong>UPDATE 22nd January 2024<\/strong><\/p>\n<p>Feedback from those impacted suggests that around 60 workers could be facing the chop.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a perhaps unsurprising development, given recent news, Infracapital-backed broadband ISP Fibrus, which is building a new full fibre (FTTP) network across Northern Ireland and parts of North England, have begun a redundancy consultation that is expected to result in an unspecified number of job losses among their civil engineers.<\/p>\n","protected":false},"author":1,"featured_media":35596,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[1],"tags":[471,444,1995,56,414,38,1997],"class_list":["post-36909","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uk_isp_news","tag-bduk","tag-cumbria","tag-fibrus","tag-fttp","tag-northern-ireland","tag-politics","tag-uk-gigabit-programme"],"share_on_mastodon":{"url":"https:\/\/mastodon.social\/@ispreview\/111781502575463124","error":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.4 - 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