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<h4>G.Network raises £150m of investment</h4>
<h4>Positive start to the next phase of its growth strategy</h4>
<h4>Depth and breadth of management increases with key appointments</h4>
 
G.Network, London’s full fibre broadband provider, is pleased to announce that USS, its principal equity investor, is providing investment of up to £150m to accelerate the next phase of growth.&nbsp;
Alongside this substantial investment, G.Network is delighted to announce the appointment of industry leading executives that both strengthens the leadership team and supports the execution of the next exciting phase of the G.Network strategy.&nbsp;
 
Substantial investment in G.Network&nbsp;
The recently completed strategic review places both the customer at the heart of G.Network and the business on an accelerated path to profitability. Management is pleased with the significant improvements already achieved in productivity, revenues, and customer service, and encouraged by the ongoing momentum across the business. &nbsp;
In accelerating this next phase of growth, USS, who are one of the largest pension schemes in the UK, is providing investment of up to an additional £150m. This will drive revenue growth and the build out of G.Network’s unique central London network.
 
Senior Executive Appointments
G.Network is delighted to have attracted top telecom and technology talent to support the execution of the next phase of the growth strategy of the business. Joining the business are Jon Hurry as Chief Commercial Officer; Carl Grose as Chief Operating Officer; and Rod Day as Chief Financial Officer who replaces Simon Kilonback. &nbsp;&nbsp;
Jon Hurry joins G.Network having spent over 15 years at BT Group where he held senior executive roles in commercial, marketing, product strategy and transformation. These roles included MD, Product Strategy &amp; Portfolio; MD, Customer Commercial &amp; Propositions at Openreach and Director of Commercial at BT Consumer. Prior to BT, Jon worked in the UK Cable industry at both ntl and Telewest and has a proven track record in driving growth, delivery, and commercialising telecom infrastructure. &nbsp;
Carl Grose is a telecoms industry leader, successfully delivering multi-billion pound programs across the UK. Carl has worked at Arqiva, Virgin Media, Cable &amp; Wireless, Openreach, Unilever and Unigate where he has held Director roles in Network Operations, Partner Management and Infrastructure Transformation. During the startup and scaling phase of UK Cable, Carl led the northern franchises for all build, operations, sales and P&amp;L for the growing CATV and broadband networks.
Rod Day joins G.Network as the new Chief Financial Officer with over thirty years of senior finance and strategy experience primarily in retail, on-line and business services sectors. He was CFO of AOL Europe and Iron Mountain Inc, the global information management company where he was also responsible for M&amp;A and real estate investment. He has also worked in an advisory capacity to various private equity funds. With phase one of the transformation and growth strategy successfully completed, Simon Kilonback is moving to join SGN as Chief Financial Officer. &nbsp;Simon will help lead SGN through the next regulatory cycle and prepare the business for the transition to a fully decarbonised gas network. &nbsp;
 
Kevin Murphy, Chief Executive, commented:
“I am delighted with today’s announcements and the continued investment and support from USS which underpins our growth strategy and illustrates their confidence in the opportunities we have ahead.”
“Being able to attract executives of the calibre and track record of Jon, Carl and Rod is a great reflection on the business that we are building at G.Network and I have no doubt that they will all make an invaluable contribution in the next phase of our growth strategy and beyond.”
“On behalf of G.Network, I would like to thank Simon for everything he has done as Chief Financial Officer and we wish him well in his new exciting role.” &nbsp;
 
Enquiries:
Teneo&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; +44 (0) 207 353 4200 / <a href="mailto:g.network@teneo.com">g.network@teneo.com</a>
James Macey White or Tom Davies

G.Network raises £150m of investment and makes significant new appointments

<h4>London broadband provider G.Network and technology provider Xantaro test next-generation full fibre broadband using Nokia’s latest equipment.</h4>
A successful test of the latest development in full fibre broadband, which could help to bring London’s business broadband up to speed, has recently taken place in central London.
London broadband provider, G.Network, in partnership with technology firm Xantaro and using Nokia’s latest equipment, has demonstrated how greater speed and capacity can be delivered to London’s businesses. The 25G test, carried out last month in central London demonstrated symmetrical speeds (both download and upload) more than double those currently delivered on the same full fibre network.&nbsp;
“London is one of the most influential cities in the world, and yet it lags behind in terms of broadband speeds, especially for businesses,” said G.Network’s CEO, Kevin Murphy. “G.Network are changing this. We’re playing an important part in the UK government’s Project Gigabit by rolling out our full fibre network across 13 central London boroughs. We’re futureproofing the capital and this test shows that our network can provide speeds that future generations of business will demand.”
G.Network’s CTO, Paul Weir said: “Xantaro and Nokia are key partners for us and I’m pleased we’ve been able to use their latest technology to demonstrate even higher symmetrical speeds on our FTTP network. These high-bandwidth, symmetrical technologies are the smart alternative to expensive fibre leased-lines for London’s businesses, and prove that our existing network is futureproof”.&nbsp;
Xantaro’s CTO, Steve Kingdom said, “Working with our altnet customers in the UK, we always offer the best industry solutions to meet our customer requirements. &nbsp;Nokia’s 25G PON technology is perfect for high-bandwidth consuming businesses in London and across the UK and this trial has proven that forward-looking network operators can bring next generation technology to companies across the country”.
Nokia’s CEO UK&amp;I, Phil Siveter said, “25G PON is realising the future of fibre today and provides key benefits over and above those provided by current networks. It has huge capacity and is simple to install into existing access technology used in exchanges, data centres, businesses and campuses. Using 25G PON enables service providers to quickly boost the capacity of their existing fibre assets, seizing high bandwidth opportunities today and providing the scale needed for the future.”&nbsp;
G.Network is an independent broadband provider that’s upgrading the capital’s outdated infrastructure from copper to 100% fibre connections. G.Network connects London’s residents and businesses to ultrafast, reliable broadband with speeds starting at 100Mbps, all the way up to 10Gbps.
<h4><a href="https://www.g.network/business-broadband">Find out more about connecting to G.Network business broadband</a></h4>
 
Media contacts
G.Network&nbsp;
For media enquiries, please contact press@g.network
Xantaro
For media enquiries, please contact Proactive PR by emailing or by calling +44 1636 704888

London broadband provider G.Network and technology provider Xantaro 
test next-generation full fibre broadband using Nokia’s latest equipment.

Boost for business as futureproof broadband trialled by G.Network

<h3>Welcome to Vanessa Wilmot, who’s joined G.Network as Chief People Officer.</h3>
Vanessa joins us from Balfour Beatty, where she held two Head of HR roles and was a member of two Executive teams. Most recently, Vanessa was Head of HR for Balfour Beatty Rail, an infrastructure business employing around 2,000 full-time employees and a large supply chain as part of a £400 million per annum business. She led the People strategy and sat on the Rail Strategy steering committee, while also leading on the People workstreams. Vanessa was responsible for shaping and leading the people agenda to deliver transformational performance and organisational health.&nbsp;
Before this, Vanessa held a number of roles at BT over 14 years; both in the capacity of Senior HR Business Partner but also as a Performance and Change Lead. Her last role before joining Balfour Beatty was with Openreach as Senior Leadership, Talent &amp; Diversity Manager, an organisation with over 30,000 employees UK wide.
Vanessa is a MBA-qualified senior HR leader with over 17 years’ experience in the UK, Ireland, USA and Europe. As an Executive Coach, she is passionate about developing people. Vanessa has a strong a strong focus on EDI, Leadership and Talent Development, while also ensuring that the HR function she is responsible for is seen as enablers and trusted advisers.&nbsp;

Welcome to Vanessa Wilmot, who’s joined G.Network as Chief People Officer from Balfour Beatty.

G.Network welcomes Vanessa Wilmot as Chief People Officer

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