Grain’s mission to pass one million premises with its organic build took a significant step forward this week with the altnet securing a further £225m in investment from HPS Investment Partners. Here CEO Richard Cameron shares with Fibre Provider how the funds will be deployed, details how Grain hit EBITDA positivity at 40,000 customers and reveals his long-term roadmap to build a high-return business with 40% market share on its network.
Thu, 29/02/2024 - 12:04
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.”
