Truespeed and Freedom Fibre Announce Strategic Combination

Truespeed Communications and Freedom Fibre announce they have signed an agreement to combine their businesses, creating a scaled, capital-efficient full fibre platform. The combined entity will play a leading role in the ongoing consolidation of the UK alternative network (“altnet”) sector.

This merger brings together two highly complementary, effectively unlevered, businesses with a combined footprint of 412,000 premises ready for service, and 70,000 customers, concentrated across the North-West, West Midlands, South-West and East of England.

Both businesses bring a proven track record of multi-location M&A execution and integration. Truespeed, after merging with County Broadband in 2025, has already consolidated its South-West and East of England networks into a single operation with integrated capabilities. Freedom Fibre, based in the North-West, had previously merged with VX UK in 2024, with network infrastructure in the West Midlands, South-West and East of England, plus the Internet Service Provider (ISP) LilaConnect, to create an integrated wholesale and multi-brand retail operation.

With complementary regional networks now coming together, the merged group is well-positioned to scale efficiently and accelerate its route to profitability. Founded in 2014, Truespeed, which has received investment from Aviva Investors, is a regional full fibre provider with high penetration rates and excellent customer satisfaction. Freedom Fibre, backed by InfraBridge and Equitix, was originally established as a wholesale-only FTTP platform, focused on delivering open-access fibre infrastructure. The combination of Truespeed’s proven retail brand, customer growth engine and regional density with Freedom Fibre’s wholesale platform and growing retail capability creates a scalable combined model with clear operational and commercial benefits.

Long-term investors Aviva Investors, InfraBridge, and Equitix, each with significant experience in the UK FTTP sector, are backing the transaction. Together with the management team, they aim to boost customer numbers, enhance service quality, and achieve sustainable, capital-efficient growth.

Nathan Vautier, proposed CEO of the combined group post-completion, commented:
“This merger is a strategic step that demonstrates our commitment to ongoing industry consolidation and growth. As we combine expertise and scale, our new platform is primed to lead future M&A and drive broader transformation. Together, we are set to accelerate expansion, create value and shape the sector’s evolution.”

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