Procurement · 20 April 2017

Virgin Media Business launches new ultrafast broadband service for small firms

VOOM Fibre
Virgin Media Business claims VOOM Fibre will offer a basic broadband speed of 350Mbps
Virgin Media Business has announced plans to increase broadband speeds for small business customers, promising the newvOOMfibre service will provide internet four times faster than rival networks.

From 2 May 2017, a standard speed of 350Mbps will be introduced for Virgin Media Business customers, as well as a number of optional bolt-ons? to allow for increased upload speeds and support. The basic package is set at 30 per month, with additional options reaching 55 per month.

In a statement, Peter Kelly, managing director of Virgin Media Business, claimed VOOM Fibre was the latest indicator that the company was a champion? of small UK businesses, adding that increased maximum broadband speeds would unlock the potential of small firms across the country by providing the digital backbone? needed to succeed.

He added: For UK small business to thrive in this evolving digital economy they should have the technical ability and capacity in place so they can focus on development and growth, we are removing a barrier and enabling them to fulfil their digital potential – offering them all the speed they need to achieve success.

Kelly stated that VOOM Fibre laid down a marker for competitors to follow, and he encouraged rivals such as BT and TalkTalk to match us to enable and benefit small businesses and the UK economy.

Alongside the VOOMfibre offering, Virgin Media Business announced plans to create a network of entrepreneurs across Britain, helping to foster engagement and support among the small business community.

The network will consist of an online geo-located platform to enable small business customers to ‘share, co-create and collaborate? with fellow owners in their local areas.

entrepreneurship and endeavour requires more than a fast broadband connection. It requires ongoing support and a community of like-minded individuals to nurture and accelerate entrepreneurship into the future, Kelly said of the initiative.

we are passionate about seeing businesses grow and be the best they can be, so were creating a community made up of entrepreneurial dreamers through to established small business owners who will be able to connect with like-minded professionals.

Customers of other networks could also soon expect faster broadband speeds, after Ofcom recently confirmed the legal separation of BT from Openreach.

Small business owners using providers such as Sky, Vodafone and TalkTalk operators using the Openreach network have previously suffered from BT prioritising its own customers, while rivals have complained of underinvestment in networks.


 
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ABOUT THE EXPERT

Praseeda Nair is the editorial director of Business Advice, and its sister publication for growing businesses, Real Business. She's an impassioned advocate for women in leadership, and likes to profile business owners, advisors and experts in the field of entrepreneurship and management.

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