Swindon & Wiltshire News
Growth at Bath-based independent broadband provider Truespeed skyrockets in year-to-date figures
Bath-based independent broadband provider Truespeed has reported a storming start to 2023.
The firm has extended its footprint by 25 per cent in the first five months of the year, now offering ultrafast broadband to 75,000 properties in the South West.
The figures demonstrate a 364 per cent growth in Truespeed’s network rollout, in comparison to the same period last year.
This year the company has invested an additional £6 million into its home city of Bath, expanding the network to properties in Batheaston, Bathampton and Bathford alongside notable landmarks such as Pulteney Road and Henrietta Park.
Truespeed has also extended its coverage further into rural and semi-urban towns and villages across the region, as part of a £24 million investment in Somerset and Wiltshire.
The company’s ultrafast broadband can now also be accessed by 27,500 properties.
The provider has also seen further growth this year, now connecting more than 15,000 customers across the region, an increase of 15 per cent and employing 270 local team members.
This significant increase has been driven by the company’s investment in full-fibre infrastructure in the region.
Truespeed has continued, at pace, to build and own its proprietary network across the region, offering an independent local alternative to the big household-name broadband providers.
The news of the network’s expansion in the early part of 2023 comes as Truespeed is ranked 53 in the ORESA Growth Index, which lists the top 100 fastest growing businesses in the UK.
James Lowther, chief executive, Truespeed, said: “Since we started in 2014, our focus has been on providing local people with a network they can trust.
“The South West is one of the UK’s most underserved regions for broadband and we are on a mission to bridge the digital divide and deliver high quality, reliable broadband at affordable pricing to communities across the region.”
Founded in 2014 to bring ultrafast broadband to rural, semi-urban and suburban areas across the South West, Truespeed has now passed over 75,000 homes across the region all of which are ready for connection, a total investment of £134 million.
