Truespeed and Freedom Fibre Announce Strategic Combination

In a groundbreaking move, Truespeed Communications and Freedom Fibre have announced their agreement to merge their businesses, creating a powerful and efficient full fibre platform. This strategic partnership marks a major milestone in the UK’s alternative network sector and is set to play a leading role in its ongoing consolidation.

The combined entity, which will operate under the Truespeed name, brings together two highly complementary businesses with a shared vision of providing high-speed, reliable and affordable connectivity to communities across the UK. With their combined footprint, Truespeed will have the capability to deliver full fibre broadband to over 500,000 premises, making it one of the largest altnets in the country.

This merger is a significant development for both companies as it allows them to leverage each other’s strengths and resources, creating a more robust and competitive player in the market. Truespeed’s expertise in building and operating full fibre networks, combined with Freedom Fibre’s strong customer base and established infrastructure, will enable the new entity to accelerate its growth and expand its reach.

One of the most exciting aspects of this merger is the potential for Truespeed to become a major player in the ongoing consolidation of the UK altnet sector. With the demand for full fibre broadband on the rise, the market is ripe for consolidation, and Truespeed is well-positioned to lead the way. By combining their resources, the two companies will be able to compete with larger players and offer a more compelling alternative to traditional broadband providers.

What sets Truespeed apart from other altnets is its commitment to providing a truly future-proof, full fibre network. This means that customers can expect ultrafast and reliable connectivity, with speeds of up to 10Gbps, for years to come. With the increasing reliance on digital technologies, having access to such high-speed internet is crucial for businesses and households alike. Truespeed’s full fibre network will not only meet the current demands but also future-proof communities for the digital age.

Moreover, the merger between Truespeed and Freedom Fibre is a testament to their shared values of delivering exceptional customer service and investing in local communities. Truespeed has a proven track record of working closely with local authorities and communities to bring full fibre broadband to underserved areas. By joining forces, the new entity will be able to expand its reach and make a positive impact on even more communities across the UK.

Another significant benefit of this merger is the financial strength of the combined entity. Truespeed and Freedom Fibre are both effectively unlevered, meaning they have minimal debt and a strong balance sheet. This financial stability will allow the new entity to invest in its network and continue to expand its reach, without compromising on the quality of its services.

The announcement of this merger has been met with enthusiasm and support from industry experts and stakeholders. Truespeed’s CEO, Evan Wienburg, stated, “This is a game-changing merger that will bring together two like-minded companies to create a stronger, more competitive, and customer-focused full fibre provider.” He also added, “Together, we will be able to bring the benefits of full fibre to even more communities across the UK, and we are excited about the opportunities this partnership will bring.”

In conclusion, the merger between Truespeed Communications and Freedom Fibre is a significant development for the UK’s alternative network sector. It brings together two highly complementary businesses, with a shared vision of providing high-speed, reliable, and future-proof connectivity to communities across the country. With their combined resources, Truespeed is well-positioned to lead the way in the ongoing consolidation of the altnet sector and continue to make a positive impact on local communities. This merger marks the beginning of an exciting new chapter for both companies and the UK’s digital landscape.