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Gigaclear appoints Charles McGregor as chairman

Fibre network pioneer brings 30 years' communications and business acumen to broadband provider

Oxfordshire, 05 June 2014 Gigaclear, provider of ultrafast pure fibre broadband, has appointed Charles McGregor in the newly created post of chairman. McGregor's appointment reflects Gigaclear's ambitious business growth and development plans to bring world class internet speeds of one Gigabit to more underserved rural communities.

McGregor brings with him over 30 years of communications experience and business acumen. As a co-founder of Fibernet, McGregor helped create a leading network communications provider and dominant player in the optical networking space. McGregor went on to steer Fibernet through rapid expansion financed by an IPO and ultimate acquisition by Global Crossing.

Since Fibernet, McGregor has held a number of board level positions including non-executive chairman at Gamma Telecom, a wholesale voice business and Huddle, the enterprise content collaboration platform. He also serves as an advisor to private equity firm, Oakfield Capital and is chairman at Headcast Lab, an interactive broadcast animation specialist.

Commenting on his new role at Gigaclear, McGregor says,
"This is a seminal time in the provision of high speed broadband services in the UK. The investments Gigaclear is making in optical fibre based networks in rural high grade markets reflect the rising demands of both recreational and business users. Gigaclear has a proven business strategy which is reflected in both a very impressive customer roster and shareholder register. I am pleased to be joining the Gigaclear team and am committed to helping propel the business at this important and exciting time in its development."

Matthew Hare, chief executive, Gigaclear, adds,
"In order to fulfil growing customer demand, Gigaclear has aggressive growth strategies in place. Charles has the experience and expertise needed to help successfully steer the business through this latest phase of expansion and development so that more underserved rural communities can reap the benefits from world class connectivity and speeds."

ENDS

About Gigaclear
Gigaclear is a privately funded communications operator dedicated to building and operating Ultrafast fibre to the premises broadband networks in rural communities. With pure fibre connectivity to every property in a community, delivering open, ultrafast broadband access with speeds up to a symmetric 1Gbps (1000Mbps), customers have complete control over the choice of services they wish to use. The company was founded in December 2010 by its chief executive, Matthew Hare. For further information about qualifying communities see www.gigaclear.com/can-i-get-it

PR Contacts:
Olivia Rees Gigaclear Marketing Manager +44 (0)1865 591128 [email protected]
Jane Harris for Alexander PR for Gigaclear +44 (0) 7793 917172 [email protected]
Jill Alexander for Alexander PR for Gigaclear +44 (0) 79 49 602 484 [email protected]

Source: RealWire

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