Lightning Fibre has confirmed that it is under new ownership, having entered administration on the 19th of February.
Lightning Fibre CEO Stefan Stanislawski has shared details of the altnet’s new connections-focused strategy, following news of its change in ownership earlier this week.
“In the short term we have changed our strategy to leverage our brand and focus more on growing customer take-up, rather than on expanding the network coverage,” he said.
Stanislawski also shared plans to extend the reach of its IPS brand beyond the Lightning Fibre network this year.
Amit Thakrar, Director at Foresight Group, added: “Foresight is fully-committed to Lightning Fibre, and we have every confidence in the Senior Management Team to further develop the company.”