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Network operator nexfibre, which shares some of their parentage with Virgin Media (harnessing the same build teams) and have deployed their full fibre (FTTP) broadband network to cover 2.6 million UK premises, has created a new ‘Director of Corporate Strategy‘ post and appointed Colin Rand to take on the role.
Regular readers might recall that nexfibre’s main FTTP deployment into new areas has effectively been stalled since the start of this year. But their recent £2bn deal to acquire rival altnet Netomnia will expand coverage to reach 8m premises by the end of 2027 and also see them finance the upgrade of 2.1 million homes covered by Virgin Media’s old Hybrid Fibre Coax (HFC) broadband network (i.e. those that are “adjacent” to the Netomnia footprint); provided it all gets past the competition regulator’s review (here).
As part of this change nexfibre also needed somebody to help define their future strategic priorities and direction of the business, which is where Colin Rand’s appointment to the role of Director of Corporate Strategy should come in handy. Colin has over 20 years of experience advising boards, executive teams and PE investors across the telecoms, business services and technology sectors, having previously worked at A.T. Kearne and the NCC Group.