The Network SouthEast Page- How NSE was franchised

How NSE Was privatised

NetworkSouthEast.co.uk

In preparation for privatisation, Network SouthEast was split into 11 separate businesses, with effect from April 1st 1994. Between 1995 and 1997, these new businesses were sold off as franchises to the preferred bidder. Many of the bidders were from the Bus sector, but there were also many attempted management buyouts. The table below shows the 11 companies and who secured the franchise.

Ex Network SouthEast Bussiness	Franchise awarded to	Now trading under
Chiltern	Management (under the name M40 trains)	Chiltern Railways
Great Eastern	FirstGroup	First Great Eastern
Island Line	Stagecoach Holdings	Island Line
London, Tilbury and Southend	Prism Rail	LTS Rail
Network SouthCentral	Connex Rail	Connex
North London Railway	National Express	Silverlink
South Eastern	Connex Rail	Connex
South West Trains	Stagecoach Holdings	South West Trains
Thames	Management/Go Ahead	Thames Trains
Thameslink	Go Ahead	Thameslink
West Anglia Great Northern	Prism Rail	WAGN

Key:
Ex-Network SouthEast Business: This is part shows the company’s NSE was split into pending privatisation.
Now Trading Under: Some of the newly owned companies changed the names of the franchises they were awarded.

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