€5m broadband deal to reach 350,000 potential premises

Agreement with Enet gives Fastcom access to 350,000 potential premises in regional towns across Ireland on the SIRO fibre network.

Fastcom will soon be able to deliver broadband to 350,000 potential premises after signing a €5m deal with fibre network operator Enet.

The agreement will deliver speeds of up to 1Gbps and will ensure further competition in the broadband market by giving Fastcom access to additional locations equipped with gigabit technology.

“Demand for gigabit broadband is increasing all the time and now, with the availability of SIRO services, we can offer this to our ever-growing business and residential customer base throughout the country”

Enet’s network comprises of over 5,400km of fibre infrastructure, including the Irish State’s Metropolitan Area Networks (MANs), proprietary metro networks, a unique dark fibre backhaul infrastructure, as well as one of the largest licensed wireless networks in the country. Taken together, Enet’s infrastructure creates a fully integrated, nationwide network that is open access in nature, enabling retail service providers to deliver world-class bandwidth services to their customers throughout Ireland.

Limerick-headquartered Enet is a part of Speed Fibre Group, the home of telecommunication businesses Enet and Magnet+, and is an Irish investment vehicle focused on telecoms infrastructure as well as communications service provision.  Speed Fibre Group entities have a combined annual turnover in excess of €75m, with more than 200 staff and over 11,000 customers.

“We are delighted to have agreed this partnership with Fastcom which provides them with access to the SIRO network,” said Cormac Ryan, commercial director at Enet.

“This will offer them the opportunity to deliver high-speed broadband to an increasing number of regional locations. We are delighted to be working alongside Fastcom to ensure our investments in cutting-edge technology benefit more people across the country.”

The only way is up

Fastcom is one of Ireland’s largest, independently owned internet service providers. Having commenced business in 2004, it offers a range of telecommunications services to businesses and domestic users all across the country with connectivity speeds of up to 1Gbps.

“This enables us to expand our product portfolio with access to the nationwide SIRO network and, as an independent broadband provider, it means we can offer the best possible solution for any customer in any location,” explained Lorraine Gibbons, managing director of Fastcom.

“Demand for gigabit broadband is increasing all the time and now, with the availability of SIRO services, we can offer this to our ever-growing business and residential customer base throughout the country.”

Launched in May 2015, SIRO is a joint venture of ESB and Vodafone which is investing one billon in building Ireland’s first 100% Fibre-to-the-Building broadband network, offering Gigabit connectivity homes and businesses in 154 towns and cities.

“Since our foundation, SIRO’s objective has been to expand access across Ireland to reliable and resilient fibre broadband,” said Ronan Whelan, chief commercial officer of SIRO.

“Today’s announcement furthers that ambition and brings Gigabit connectivity to the heart of even more Irish homes and businesses – allowing them to do life different.”

Main image at top: From left: Lorraine Gibbons, Fastcom; Cormac Ryan, Enet; and Ronan Whelan, SIRO.

John Kennedy
Award-winning ThinkBusiness.ie editor John Kennedy is one of Ireland's most experienced business and technology journalists.

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