Lower prices as Lightning Fibre expands into Haywards Heath
Haywards Heath is the latest town to benefit from a major expansion from East Sussex based AltNet, Lightning Fibre.
Founded in Eastbourne in 2018, the firm now has more than 60,000 customers, and has secured new investment from leading listed infrastructure and private equity investment manager Foresight Group.
Having started in Eastbourne and Hastings, followed by Hailsham and Heathfield, it now means Haywards Heath and Tenterden will become the latest gigabit-towns.
There are also changes at board level, with Amit Thakrar and Tm Passingham joining Ben Ferriman (founder and CEO), and Simon Bonini.
Mr Ferriman said: “This is a very exciting time for Lightning Fibre and highlights our rapid progress and success so far. We have not only built a network, we’ve built a brand.
“A brand that appeals to our local markets through a clear product and price differentiation as well as a genuine, evidence-based community-centric approach and exceptional customer care. We have thousands of happy customers in Eastbourne, and I am delighted that we have recently connected our first customers in Heathfield and Hailsham.”
Local politician backs plan
Councillor Stephen Hillier, cabinet member for economic growth on Mid Sussex District Council said: “This private investment is great for our region and creates more local jobs. Haywards Heath residents and businesses can access a hyper fast Full Fibre broadband network. I welcome this news and I wish Lightning Fibre every success.”
What will it mean?
The new full fibre service will now reach 140,000 homes and business, and Lightning Fibre will be expanding its workforce to almost 200.
Amit Thakrar added: “Progress in terms of network build, as well as uptake on the retail side of the business, has been extremely encouraging. All expectations have been exceeded and the positive reputation in the towns served by Lightning Fibre further supports the case for expansion.
“Studies have shown full fibre optic networks reduce greenhouse gas emissions and promote wider access to employment and education. The opportunity to accelerate the network build is very exciting and we’re confident the Lightning Fibre team will continue to surpass all our expectations.”
Price reductions
The company has permanently cut costs for households – it has reduced its 1Gbps price by 25% and its 100Mbps price to £24 per month, making it one of the lowest cost full fibre providers in the region as well as one of the most highly rated on Trustpilot.
The company has also scrapped set up fees for most of its 24mth domestic packages and does not impose an annual inflationary price increase on its fixed term customers.
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