Latest news with #Fibrus
RTÉ News
21-05-2025
- Business
- RTÉ News
20 Irish firms ranked in Deloitte EMEA Technology Fast 500 list
20 tech companies from across the island of Ireland have ranked in the Deloitte EMEA Technology Fast 500 list, which recognises the 500 fastest growing technology companies across Europe, the Middle East and Africa. Two tech companies across the island have ranked in the top 50 - Wayflyer and Fibrus. Four ranked in the top 100, including Tines and Buymedia. Deloitte 2024 Fast 50 winner, Wayflyer, placed 43 in the rankings and achieved a revenue growth rate of 3,169%. The company offers financing to ecommerce companies to help them fund advertising and their inventories. Fibrus, a broadband provider, ranked 48 and achieved a revenue growth of 3,009%. This company also ranked second on Deloitte's 2024 Fast 50 list. Tines ranked 55 with revenue growth of 2,786%, while Buymedia ranked 73 with revenue growth of 2,208%. The average growth rate across all 500 ranked companies is 1,585%. At the top of the EMEA list is i-charging, a Portuguese company specialising in hardware and software for electric vehicle charging solutions, with a growth rate of 65,881%. Fast 50 Lead and Deloitte partner, James Toomey, said the Deloitte EMEA Technology Fast 500 highlights the strength of Ireland's domestic tech sector and the extraordinary abilities of the country's entrepreneurs. "Even when benchmarked against the fastest growing tech companies from across a wide geographical sphere, Ireland has still got 20 companies in this list," he said.
Irish Independent
21-05-2025
- Business
- Irish Independent
Twenty Irish tech firms in top 500 for revenue growth, Deloitte finds
Start-up finance firm Wayflyer and broadband rollout company Fibrus are the highest-ranked Irish entries, with security start-up Tines and ad-tech firm Buymedia close behind. The Emea Technology Fast 500 ranking is based on percentage revenue growth over four years, using data submitted directly by companies and verified by Deloitte. According to this criteria, Wayflyer registered revenue growth rate of 3,169pc, with Tines growing by 3,009pc. This placed Wayflyer in 43rd position across Emea. Fibrus is ranked 48th with Tines and Buymedia in 55th and 73rd places, respectively. Other Irish companies to make the top 500 include decarbonisation start-up Catagen (151st with 1,101pc growth), customer communications firm Mail Metrics (155th with 1,080pc growth) and AI company Sydney (161st with 1,065pc growth). 'The Deloitte Emea Technology Fast 500 highlights the strength of Ireland's domestic tech sector and the extraordinary abilities of our entrepreneurs,' Deloitte partner James Toomey said. 'Even when benchmarked against the fastest-growing tech companies from across a wide geographical sphere, Ireland, a small island of around five million people, has still got 20 companies in this list. 'We marked the 25th anniversary of Fast 50 in 2024 and it reminded me how intertwined the story of modern Ireland and technology is. The future for domestic tech growth in Ireland is bright and we must continue to support these companies to grow domestic direct investment.' Thirteen of the 20 Irish tech firms to make the list ranked between 200 and 500. They are: Halo Technologies Europe (206th, 886pc growth); Clear Strategy (210th, 880pc growth); (228th, 821pc growth); EdgeTier (281st, 670pc growth); Circit (302nd, 621pc growth); Grid Finance (308th, 614pc growth); Ekco (357th, 517pc growth); Swoop Funding (361st, 506pc growth); CR Payroll Solutions (364th, 501pc growth); Core Optimistion (410th, 440pc growth); Locate a Locum (420th, 434pc growth); Kneat (469th, 383pc growth); and Barclay Digital Services (474th, 380pc growth).
BBC News
15-04-2025
- Business
- BBC News
Rural parts of Cumbria included in government broadband scheme
People living in rural areas have welcomed the news they will get ultra-fast broadband under a government contract, after months of of parishes near Appleby, in Cumbria, which missed out on high-speed internet in 2023, would soon have access to full-fibre broadband, provider Fibrus of Appleby Golf Club Jo Wood said it was exciting for the business but frustrating that it could have been delivered said it was on course to connect 53,000 rural properties in Cumbria by the end of 2027. Mrs Wood said the current broadband at the golf club in the parish of Murton, near Appleby, was "hit and miss" and sometimes caused problems with card payments."We have to write down any transaction that we make during that time and input it, which can be quite time-consuming," she Wood said a better internet connection would allow the club to invest in digital signage, allowing golfers to input live scores. Fibrus is delivering the government's Project Gigabit in Cumbria, which uses government subsidy to bring full-fibre broadband to parts of the country that are hard to government previously said the project would serve 60,000 properties in Cumbria, but Fibrus said some of those had not been confirmed and the total would now come to 53, chairman of Murton Parish Council John McDarren has campaigned for the area to get better broadband, and said he was still "sceptical" and wanted to ensure all the properties in the parish would be said the area was on the verge of getting high-speed broadband through a different provider in 2023 under a government voucher scheme, but the project was cancelled. Rural areas 'missing out' The Project Gigabit contract in Cumbria was previously due to be completed by the end of 2026, but has been put back to and founder of Fibrus Conal Henry said the company was "very focused" on delivering the new he said rural areas not subsidised by the government were missing out on investment because of high charges levied by Openreach to use its infrastructure for fibre-optic said the cost was "20 times as high" in rural areas, because homes were further apart and rental payments for using Openreach ducts and poles were charged by the metre. The cost is set by telecoms regulator Ofcom and is currently being reviewed. Mr Henry said halving the fees would free up cash to invest in rural said its prices were "cheap as chips" and that "operators underpay based on a fair allocation of costs".The company, which is owned by BT, must allow other companies to use its network because much of it was built when BT was a publicly owned Ofcom spokesperson said: "We want to continue allowing competitors to use this infrastructure." Follow BBC Cumbria on X, Facebook, Nextdoor and Instagram.
Yahoo
11-04-2025
- Business
- Yahoo
Nine graduates get Cumbrian tech jobs at Fibrus
Nine employees have joined Fibrus as part of the telecoms provider's latest intake to its graduate programme. The telecoms provider was selected to deliver the £108 million broadband improvement contract for Cumbria in 2022, part of Project Gigabit, the UK Government's initiative to provide fast and reliable internet across the UK. At the end of March, Fibrus announced an extension to this contract, providing an additional 21,000 premises in Cumbria with access to full fibre broadband. Andrew Lee, 35, from Kendal, joined the Hyperfast GB team, the wholesale network division of Fibrus, in July as a stakeholder engagement graduate after completing a criminology degree at Lancaster University. The nine graduates who have joined the company through the one-year graduate programme have successfully completed both the 'Business Essentials Programme' and the 'Mentoring Programme.' These graduates have been integrated into various teams, including Stakeholder Engagement, GIS Technology, Workforce Management, and Project Management. Mr Lee said: "I'm part of a team that speaks to politicians, members of the public, schools and businesses to explain the benefits of full fibre broadband. "We attend parish council meetings, agricultural shows, and various engagement events. "The most common question is, 'When am I going to get Full Fibre?' "There's no such thing as a standard day, it's quite varied. "I enjoy a job with challenges and find it really engaging. "I've been given responsibility for engagement with schools and will soon start going to talk to sixth formers. "I share information about how we deliver fibre to the premises (FTTP) technologies and the benefits that this brings. "I also discuss Fibrus opportunities and careers available in the telecoms space." Prior to university, Mr Lee had been working in a customer contact centre in Windermere. He said: "I had the opportunity to do an access course in policing and forensics at Kendal College, which allowed me to go to university as a mature student. "I was fascinated by criminology but knew it wouldn't necessarily lead to a career. "I was looking at graduate job opportunities and came across Fibrus. "I really liked the vision of Fibrus, that every home should be able to access Full Fibre broadband. "Everyone should have access, it's a basic service which makes a real difference to communities. "The positive and open culture at Fibrus has given me the opportunity to try out different approaches and see what is most engaging for the young people I am speaking to, which is why it is a dynamic and fun role for me." Fibrus is offering work experience placements to students aged 16 to 18 from schools and colleges in the area this spring. Students will be invited to the Newton Rigg training site in Penrith, where activities will include business administration, marketing, stakeholder engagement, health and safety, apprenticeship insight and technical insights. To find out more about careers with Fibrus, visit, To submit an application, contact their careers team at careers@
BBC News
05-03-2025
- Business
- BBC News
Fibrus to pay compensation for Storm Éowyn broadband disruption
Broadband firm Fibrus will pay customers compensation for disruption caused by Storm É customers will receive £5 a day for service interruptions that lasted more than 48 hours, while business customers will receive £10 a Éowyn brought winds of more than 90mph to Northern Ireland on 24 January, damaging electricity and telecoms senior managers have been facing questions from a Stormont committee. The company has said that 40,000 of their customers were without service at the peak of the over 60 customers are still experiencing storm-related service Haslem, chief operating officer at Fibrus, said the company could have triggered a "force majeure" clause meaning they would not have had to pay compensation but it chose not majeure is a legal term that refers to an extraordinary event that makes it impossible for a party to fulfill their contractual obligations. Fibrus managers defended the firm's response to Storm É Kearns, the chief executive, told the committee that because a large part of its network was focused on hard-to-reach rural areas , its infrastructure was predominately overhead said if the network was fully underground it would have been 10 times more expensive to build. 'Unfair' to compare speed Mr Kearns said the ability of Fibrus to restore service in the early stages "relied heavily" on NIE restoring their company also uses infrastructure owned by another firm, Openreach, for 80% of its Kearns said it had been "unfair" to compare the speed at which electricity and broadband had been restored."Fibre networks are more complex in their nature and take longer to repair," he told the assembly acknowledged effective communication was "challenging" in the early stages of storm and it was only after electricity had been restored that they had a full picture of network damage to share with added that updates could have been more frequent and detailed."Many of our customers will not be aware of the dependencies [on NIE and Openreach] and we intend to publicise this more clearly in the future," he 2020, Fibrus received £165m government funding to improve rural internet connectivity in Northern firm started redundancy consultations with some construction staff last year under plans to grow its customer facing areas and reduce the workforce in network construction.
