Freedom Fibre Celebrate Successful Completion of VX Fibre UK Merger

Freedom Fibre Celebrate Successful Completion of VX Fibre UK Merger

Since 2020, award-winning alternative network provider, Freedom Fibre, has been working tirelessly to bring its lightning-fast, full-fibre broadband network to homes and businesses in the North West. As a wholesale provider, the company works closely with internet service providers (ISPs) such as TalkTalk , Fusion Fibre Group , Squirrel Internet, IP River Limited and Link Broadbands to connect customers to a broadband network that is 10x faster and 5x more reliable than the legacy copper network.?

With the success of the ISP partnerships, Freedom Fibre looked for a way to further accelerate its rollout and is delighted to announce that the merger with VX Fibre UK that was first announced in December 2023 has been completed.??

In addition to increasing Freedom Fibre’s build footprint to approximately 285,000 premises, the merger means that Freedom Fibre now acts as the wholesale parent company for retail operator, LilaConnect UK . In addition to continuing to establish and maintain partnerships with other national ISPs, the LilaConnect brand will continue post-merger with its gigabit full fibre connectivity made accessible to homes, businesses, and communities across the network.?

Better together: looking toward the future?

Freedom Fibre’s CEO, Neil McArthur , said:

“This strategic merger leverages the strengths of both Freedom Fibre and VX UK to create a larger, stronger, and more diverse business backed by two significant investors with ambitions for growth. We are delighted to be joining forces with the VX team and are hugely excited about the future potential of the newly combined business.”?

With the merger complete, Freedom Fibre is looking forward to the integration of VX UK and LilaConnect. To maintain and build upon the strong corporate culture that already exists at Freedom Fibre, an extensive integration plan will ensure that the transition is seamless and that employees feel supported throughout its progress. Ultimately, the merger strengthens the position of Freedom Fibre and LilaConnect in the rapidly changing AltNet sector, and both businesses are excited to hit the ground running.???

Gita Sorensen

Managing Director of GOS Consulting, Investor and Founder Director at Digostics, Director at The One Touch Switching Company, NED and board advisor.

7 个月

congratulations to both teams. I hope you can make the best of assets and teams form both companies. Whilst transactions are complex, the implementation process is where the benefits should materialise, but those benefits depend on attention to detail, team work and a shared vision.

Mark McKinney

Managing Director at Cable & Splicing Services Ltd (Cass Worldwide)

8 个月

Congratulations Freedom Fibre ????

Tony Lockwood

?? #TheTransformationStrategist | Engineering Change Success & Empowering Transformation | Author of Transformation Leaders Body of Knowledge??

8 个月

Great news Darren Woods. Well done to the whole team for getting this over the line.

Charles Cameron

Managing Partner, Cameron Barney Herbst Hilgenfeldt (CBHH)

8 个月

Well done the Freedom Fibre team. These transactions are complex and time consuming to achieve.

Ian Ginn

Founder & Director at IFG Consulting Europe | Growth Consultant to Mobile, Telecoms & Digital Operators | Podcast Digiteltalk.com | theunconnected.org Ambassador | 25+ years C-level B2B |

8 个月

Congratulations

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