Truespeed, a privately owned company headquartered in the UK, was founded in 2014 and employs approximately 150 people. The company reported $50.0M in revenue as of 2023. Functioning as a telecommunications provider, Truespeed specializes in delivering full fibre broadband services to homes, businesses, and communities throughout the South West region.
On May 1, 2026, Truespeed and Freedom Fibre completed their merger following regulatory approval, forming the Freedom Truespeed Group. The combined entity now encompasses 412,000 premises ready for service and serves 70,000 customers. This action followed the companies' announcement of a strategic combination on February 11, 2026. Truespeed had previously merged with County Broadband in 2025, integrating its South-West and East of England networks. Earlier, on January 27, 2026, Freedom Fibre and Truespeed were nearing the finalization of their merger, a move expected to propel them into the ranks of the largest players in the broadband altnet sector amid increasing financial pressure for consolidation. News of the potential tie-up first emerged on January 7, 2026, when Sky News reported that Aviva Investors-backed Truespeed, which had received £175 million in funding, was in discussions with Freedom Fibre regarding a merger.
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