Aviva-backed altnet Truespeed in merger talks with rival

Aviva-backed altnet Truespeed in merger talks with rival

Truespeed, which has received £175m from the insurer's investment arm, is negotiating a tie-up with Freedom Fibre which underlines the growing consolidation pressure on the fibre broadband sector, Sky News learns.

Truespeed in talks to merge with Freedom Fibre

Two altnets are reportedly in discussions about merging their businesses according to Sky News. Truespeed, which merged with County Broadband last year, and Freedom Fibre would create an altnet with around 416,000 premises ready for service if the merger goes through, based on our broadband tracking data. The altnets have minimal overlap, as Freedom Fibre operates mostly in the North…

Rural Broadband Altnet Truespeed in UK Merger Talks with Freedom Fibre

Aviva-backed alternative gigabit broadband operator Truespeed, which has only just merged with County Broadband to create a single full fibre operator