Another company has unveiled plans for a noteworthy fibre-to-the-premises (FTTP) rollout in the UK, with Lightspeed Broadband reportedly set to invest GBP300 million (USD418 million) to reach around 100,000 homes and business across the East of England by the end of 2022. According to ISPreview, looking further ahead the new fibre player has even loftier ambitions, having set a target of reaching one million premises by 2025. Billing itself as being ‘backed by an international investment consortium and managed by a highly experienced team’, Lightspeed has said its initial rollout locations will comprise: Boston, Bourne, Kings Lynn (Norfolk), Market Deeping, Skegness, Sleaford, Spalding and Stamford.
Commenting on the plan, Lightspeed Broadband CEO Steve Haines said: ‘We are making a commitment to deliver a Gigabit broadband experience to the heart of the east of England which will unlock the potential of the region … We might appear to be the new guys on the block, but in reality, we are a life-long, experienced team of telecoms experts that have spent decades building and managing telecoms networks at BT. Collaborating with communities and local authorities we will start building immediately in market towns in South Lincolnshire, bringing thousands of homes and businesses access to essential the full fibre, ultra-reliable gigabit broadband they deserve, and then expanding across the region to meet customer needs.’