Original article ISPreview UK:Read More
After a turbulent year, broadband provider Wildanet, which is deploying a new 2Gbps speed full fibre (FTTP) network across rural parts of Cornwall and Devon in England, has published their annual accounts to the end of 2025 and revealed revenue growth of 43% to £2.51m (2024: £1.75m). But they also wrote another £17.1m off the value of their assets.
Just to recap. Over the past few years Wildanet has come under many of the same pressures as other UK broadband ISPs and network builders, which typically stems from issues such as high interest rates, rising build costs, competition and the associated difficulty of being able to raise fresh investment. Last year this resulted in job cuts (here) and they then started 2026 by withdrawing from two of the government’s Project Gigabit broadband contracts in Cornwall (here).
The company’s latest accounts reflect the aforementioned changes and climate, albeit while reporting positive revenue growth to £2.513m (2024: £1.757m) and adjusted EBITDA (earnings before interest, tax, depreciation and amortisation) in positive territory of £4.277m (2024: loss of £4.306m).