We had the choice of a number of options for investment, but we have built a strong relationship with LDC who share our vision for the business and can provide the right balance of support, experience and contacts to help us deliver.”
Our investment is helping the team to build on the success of the business in recent years and bring its super-fast and resilient connectivity to more organisations across Scotland and the UK and has already delivered massively enhanced digital infrastructure to Glasgow, Edinburgh, Renfrewshire and the Scottish Borders.
As part of the transaction, telecoms expert John Trower joined Commsworld as Chairman. John has significant experience of working for and advising private equity backed telecoms businesses and has held board roles at Metronet UK and Glasgow-based My1Login.
In 2021, Steve Langmead was appointed Commsworld’s Chief Executive. He replaced Founder Ricky Nicol, who has become Vice-Chairman and will remain on the Board of the company he started up in 1994.
Promoting digital inclusion
Commsworld is an active supporter of Scottish communities and the business has doubled down on its commitment to provide online access to underprivileged and under-served communities, through its gigabit-capable fibre networks.
During lockdown, it extended its CSR programme and provided a suite of internet enabled laptops to a local Edinburgh school to help children from disadvantaged backgrounds work from home. The business was also praised for using its website to share advice on remote-working technology.
Commsworld is also creating a free public WiFi network in North Lanarkshire – connecting all town centres, council and public buildings, country parks, sheltered housing, schools and accommodation for the homeless.
Commsworld has a track record of delivering massively enhanced infrastructure to local
authorities. We have been able to provide a step change in connectivity and resiliency in
all these areas, changes that have delivered considerable benefits to everyone living, learning and working there.”
Awards
Profit Track 100 (Ranked 23)
The Sunday Times, 2020
Best-performing privately-owned technology companies (placed 27th)
Megabuyte50 Awards