IUA Circular 055/25

Velonetic Exit Plan Communication: clarification on common areas of concern

Date: 18 July 2025

Interest Groups: IUA member contacts, Strategy Operations Transformation and Innovation Group, Chief Operating Officers, Digital Transformation Interests

Subject: Letter from Velonetic answering queries about the Exit Plan

IUA Contact:  Kim Darrington, Director of Market Operations and Transformation (T: 020 7617 4452 - M: 079 4780 3877)

Download the Velonetic letter 

Velonetic recently issued a letter to carrier organisations (available to download above), which provides responses to common queries that have been raised since issue of the Exit Plan.
 
If your organisation has not yet signed the Exit Plan it is hoped that this will provide sufficient comfort around areas of concern so that you will now be able to do so.
 
Even if your organisation has already signed the Exit Plan you may find some of the content useful.
 
Some of you may have already received this letter directly from Velonetic and we apologise for any duplication. 
 
If you have any residual concerns regarding signature of the Exit Plan, please do raise these with Velonetic or the IUA (Kim Darrington) so that we can ensure continuance of the essential work necessary for a successful cutover.