GoFibre has lost its chief executive, but says the build goes on

If GoFibre is the name on your broadband bill, or you are waiting for its fibre to reach your village, the company has lost the person who has been running it for the past four years. GoFibre confirmed to ISPreview that Neil Conaghan, its chief executive since November 2022, resigned on 24 July. The company’s records were updated this month to show he had ceased to be a director. No reason was given for the departure.

The board’s statement, published by ISPreview, thanks Conaghan for his contribution and says a process is under way to find a permanent successor while the executive team manages the business temporarily. It also says GoFibre’s strategy and delivery plans remain unchanged. That last line is the one to hold on to. Nothing about your service, your contract or the build outside your window changes today.

The Edinburgh based network has taken its own full fibre past 135,000 premises across more than 30 local areas in rural Scotland and northern England, is attached to £145m of Project Gigabit contracts, and expects to reach 250,000 premises by around mid-2028. It had roughly 15,000 customers as of June 2025. Its accounts for 2025, as reported by ISPreview, show revenue rising to £5.63m from £2.72m alongside an operating loss of £9.24m, up from £6.12m the year before.

A loss on that shape is not by itself a warning sign for a network still digging. The money goes into the ground years before the customers arrive. It is why a change at the top of an altnet gets read as a signal though, and ISPreview notes that altnets across the market are dealing with rising build costs, high interest rates and competition. The honest uncertainty here is worth naming. This is one outlet’s reporting, the company has not said why its chief executive left, and a board saying plans are unchanged is stating an intention rather than making a promise.

For customers there is nothing to do. If you are waiting on a subsidised build, watch whether the digging in your area keeps to the dates you were given. That is where a leadership gap would show up first, and our guide on when full fibre reaches your street explains how to read those dates. If the question in your head is the blunter one about what happens when a small network gets into trouble, are altnets safe deals with it properly. Coverage is street by street whoever is in charge, so the availability checker is the only way to see which networks actually reach your address.