Company Research Report: 4th Utility

Company Overview

Name

4th Utility

Mission of the Company

4th Utility is on a mission to provide ultrafast, flawless, accessible full fibre broadband, nationwide. They emphasize the importance of broadband as an essential utility, alongside water, gas, and electricity.

Founding

Founded: 2017

Founders: Jimmy Acton, among others, played a significant role in the establishment of the company.

Key People

Steve Wilson: Chief Executive Officer (CEO)

Background: Digital leader with roles at Admiral Group, BT Consumer, Plusnet, O2, and British Gas.

Steve Axon: Chief Technology Officer (CTO)

Joined 4th Utility in 2020, leading technology integration following the acquisition of Vision Fibre Media.

Jimmy Acton: Chief Digital Officer (CDO) & Chief Information Officer (CIO)

Original founder with key experience in IT, Hosting, and Communications Industry.

Headquarters

Suite 3, Beech House, 1 Cambridge Road, Hale, Cheshire, WA15 9SY, United Kingdom

Number of Employees

No information is available.

Revenue

No information is available.

What the Company is Known For

4th Utility is known for providing ultrafast, full fibre internet connectivity to homes and businesses across the UK, focusing on using modern fibre optic cabling over traditional copper wires to ensure maximum speed and reliability.

Products

Product Offerings

4th Utility offers a variety of full fibre broadband packages catering to different needs:

1. 900Mbps Full Fibre

Description: Ideal for Ultra HD video streaming, gaming, and high-usage home-based work.

Key Features: Up to 900Mbps upload and download speed, unlimited data usage.

2. 500Mbps Full Fibre

Description: Suitable for HD video streaming, gaming, and cloud-based work.

Key Features: Up to 500Mbps upload and download speed, unlimited data usage.

3. 250Mbps Full Fibre

Description: Great for multi-person, multi-device households.

Key Features: Up to 250Mbps upload and download speed, unlimited data usage.

4. 100Mbps Full Fibre

Description: Perfect for everyday use, students, and home-schooling.

Key Features: Up to 100Mbps upload and download speed, unlimited data usage.

5. 50Mbps Full Fibre

Description: Great for occasional browsing, email, and shopping.

Key Features: Up to 50Mbps upload and download speed, unlimited data usage.

Key Features

Ultra-fast broadband speeds up to 1Gbps.

Full fibre connectivity using fibre optic cables for enhanced speed and reliability.

Flexible package terms from 30-day rolling contracts to 24-month contracts.

Unlimited data usage across all packages.

Recent Developments

Recent Developments in the Company

Winning Awards: Recently, 4th Utility marked its sixth anniversary by winning gold at top industry awards and was highly commended at the UK Fibre Awards 2023.

Notable Investments: They secured a ‘game-changing’ £25 million investment from NIBC Bank.

Industry Engagement: Acted as category sponsors for the UK Fibre Awards 2023 and participated in industry events like Connected Britain.

New Products Launched

No information is available on specific new products.

New Features Added to Existing Products

No information is available.

New Partnerships

No information is available.

This company research report is based on existing data and focuses on key aspects of 4th Utility. For any sections where information was not available, note has been made appropriately.