Easynet Global Services has completed its sale from BSkyB to private equity firm Lloyds Development Capital (LDC) for the agreed price of £100m (July 2010 news). Chief Executive Officer, David Rowe, who founded Easynet in 1994, will remain in the role with the full backing of LDC.


As reported before, Easynet retains the International network and Data Centre assets. In the UK, Easynet has entered into an exclusive and long term relationship with Sky for the use of Sky’s access network, but also retains the core IP infrastructure and network management functions responsible for routing traffic intelligently around customers’ networks.

Easynet therefore retains full control and ownership of the core network assets both within the UK and globally. In other words, Sky owns the roads, while Easynet retains exclusive access to the priority lanes.

An interesting video interview with David Rowe can be found here.
http://www.easynet.com/gb/en/video/?PrimaryNavID=14&videoID=85