Four Fern providers consolidate into single FTTP firm
Fern Trading has announced that it is consolidating Jurassic Fibre, Swish Fibre, Giganet and AllPoints Fibre into a single fibre-to-the-premises (FTTP) business to accelerate full-fibre delivery in the UK.
The businesses will combine their regional operations and create a national wholesale network during the course of this year. The move is designed to allow the four companies to pool their resources, knowledge and expertise to aid full fibre network access across the UK.
Fern Trading’s other two fibre brands, Vitrifi and Vorboss, are not part of the consolidation, but Fern Trading says that they will continue to work closely with the combined group.
Jarlath Finnegan, currently CEO of Giganet, will lead the combined group moving forward. He explains: “All four companies are excited to build upon the solid foundations they have built over the last few years as a combined force. Together, we will become even stronger through exceptional customer service, combined with a relentless focus on technology and product. We’re looking forward to expanding our presence across the country and providing even more customers with access to full fibre connectivity.”
John Browett, chairman of Fern Trading’s fibre division, adds: “In the coming years, the UK fibre market is going to experience exponential change, driven by the massive need to ensure homes and businesses in every part of the UK have access to a fast and fairly priced internet service. We expect to see continued consolidation within the industry, and by combining these successful businesses now, we will be in a fantastic position to take advantage of those market opportunities as they unfold. Our ambitions have always been high, but today represents the start of even bolder aspirations for our place in the UK fibre sector.”