PRESS RELEASE

 

Jurassic Fibre Partners with TCS to Launch Ultrafast Broadband in South West England

Tata Consultancy Services' Next Generation HOBS™ SaaS Platform is the Digital Core that Powers Jurassic's New Services that Empower Individuals and Future-Proof Local Businesses

EXETER | MUMBAI, October 1, 2019: Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a leading global IT services, consulting and business solutions organization,  announced that the TCS HOBS™ (Hosted OSS/BSS) platform is powering Jurassic Fibre’s new, ultrafast full fibre optic broadband offerings to towns and rural communities in the South West of England.

Launching today, Jurassic Fibre plans to build and operate a fibre-to-the-premises network across the South West of England. Customers across the region will benefit from reliable connectivity at previously unavailable gigabit speeds, giving individuals access to 21st century digital lifestyles, and future proofing local communities and businesses.

Leapfrogging over legacy technology stacks, Jurassic Fibre adopted TCS HOBS, the next generation end-to-end, modular, SaaS platform, as its digital core to manage its business operations. Its key capabilities include product portfolio management, digital customer engagement, collaborative selling, contract management, dynamic orchestration, revenue management, partner management, device management, network inventory management, and assurance.

The platform leverages cutting-edge technologies including microservices, natural language processing, machine learning and big data, to deliver improved experiences for employees and customers alike.

Jurassic Fibre was conceived as a digital, consumer centric, disruptive challenger to the incumbent operators. We see TCS’ cloud-based HOBS platform, combined with the expertise and commitment of the TCS team, as the right foundation to realize our vision,” said Michael Maltby, CEO, Jurassic Fibre. “Today’s announcement is a big step forward for connectivity in the region and is absolutely vital as more and more of the world goes truly digital.

TCS HOBS is fast becoming the preferred digital core for progressive communication service providers looking to rapidly launch new offerings, and deliver a super customer experience,” said Carol Wilson, Head, Communications, Media and Information Services Business (Europe and UK), TCS.We are delighted to partner Jurassic Fibre with the TCS HOBS platform and help them deliver ultrafast internet to enterprises and consumers.

About Tata Consultancy Services Ltd. (TCS)                                   

Tata Consultancy Services is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for the last fifty years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions. This is delivered through its unique Location Independent Agile delivery model, recognized as a benchmark of excellence in software development.

A part of the Tata group, India's largest multinational business group, TCS has over 436,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $20.9 billion in the fiscal year ended March 31, 2019 and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. TCS' proactive stance on climate change and award-winning work with communities across the world have earned it a place in leading sustainability indices such as the Dow Jones Sustainability Index (DJSI), MSCI Global Sustainability Index and the FTSE4Good Emerging Index. For more information, visit us at www.tcs.com.

About Jurassic Fibre

Jurassic Fibre founder Michael Maltby has 20 years’ experience in delivering broadband networks in the Caribbean, Russia, Eastern Europe and Malta. He founded Jurassic Fibre in 2018. The company plans to invest £250 million over the next five years starting with a fibre roll out covering the area from Exeter to Exmouth. Planned future development phases will focus on East and North Devon, South Somerset and West Dorset. In February this year Jurassic Fibre was acquired by Fern Trading Limited, which is advised by Octopus Investments.

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