Bath-based broadband provider reports positive start 2023.
Truespeed, the full-fibre broadband provider has extended its footprint by 25% in the first five months of the year and is now offering ultrafast services to 75,000 properties across the South West. In its latest results the company has recorded a 364% growth in its network rollout, in comparison to the same period last year.
This year the company has invested an additional £6m 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 £24m investment in Somerset and Wiltshire. The company’s ultrafast broadband can now also be accessed by 27,500 properties across Frome, Faulkland, Trowbridge, Mark, Woolavington and Walton.
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The provider has also seen further growth this year, now connecting more than 15,000 customers across the region, an increase of 15% and employing 270 local team members.
James Lowther, chief executive, Truespeed, commented: “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.”
Alongside its business growth, Truespeed also connected its 150th community organisation for free last month (April). St Benedict’s Junior School in Glastonbury became the latest recipient of the provider’s ‘free broadband for life’ promise.
Mr Lowther, added: “For us, while these milestones may sound impressive, our journey is just as much about our commitment to the region and putting customers and communities at the heart of everything we do. We believe this is what differentiates us and is key to our success to date – we are just as much a people business as we are a tech business.”
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