Enet agrees partnership worth up to €5M with Fastcom to deliver ultra-fast broadband

Dec 7, 2021

 

 

-         Agreement with Enet gives Fastcom access to 350,000 potential premises across Ireland on the SIRO fibre network

-         Fastcom now enhanced to deliver broadband speeds of up to one gigabit per second to more homes and businesses

 

 

December 2021

 

Enet,Ireland’s largest open-access network operator, has today announced an agreement worth up to €5 million with Fastcom. Through this new partnership, Enet is delivering Fastcom access to SIRO’s fibre infrastructure meaning they can facilitate high-speed broadband to 350,000 potential premises in regional towns across Ireland.

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. Through this, Enet will enable Fastcom to provide the fastest possible broadband speeds to more communities across Ireland.

Cormac Ryan, Commercial Director of Enet, said: “We are delighted to have agreed this partnership with Fastcom which provides them with access to the SIRO network. 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.”

Lorraine Gibbons, Managing Director of Fastcom, said: “We are delighted to announce this deal and to continue our ongoing relationship with Enet. 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. 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.”

Ronan Whelan, Chief Commercial Officer of SIRO, added: “Since our foundation, SIRO’s objective has been to expand access across Ireland to reliable and resilient fibre broadband. 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.”

 

 

For further information, please contact:

Breda Brown/Gavin White

Unique Media

01 522 52000 / 087 2487120 (BB)

 

Notes For Editors:

About Enet

 

Enet operates the largest alternative wholesale telecoms network in Ireland, which comprises of over 5,400 Km 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 truly open access in nature, enabling retail service providers to deliver world class bandwidth services to their customers throughout Ireland.

 

Enet is a part ofSpeed 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. Offices are located in Limerick and Dublin. In addition, it boasts over one million people benefiting from wholesale networks - including mobile phone users, students, residential broadband users, public sector workers and staff in multinational organisations.

Speed Fibre Group is owned by the Irish Infrastructure Fund (IIF) which manages capital for more than 20 institutional investors, the majority of which are Irish pension funds, trusts, and investment managers. To date, the IIF controls over €500m of investments across energy, telecoms, tourism and healthcare in Ireland. Visit www.enet.ie

 

 

About Fastcom

Fastcom are one of Ireland’s largest, independently owned internet service providers. Having commenced business in 2004, Fastcom offers a range of telecommunications services to businesses and domestic users all across the country with connectivity speeds of up to 1Gb. See www.fastcom.ie for more details.

 

About SIRO

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. Using the existing ESB network, SIRO delivers fibre optic cables all the way to the building. This technology, known as Fibre-to-the-Building, has no copper connections at any point to slow down the network and delivers 1 Gigabit speeds. SIRO is offered on an open-access basis to all telecoms retailers in Ireland, with 19 retailers offering connections to over 415 homes and businesses.

 




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