Home
 » ISP News » 
Sponsored

UK ISP Namesco Sells Broadband Customers to The Phone Co-Op

Friday, June 6th, 2014 (10:16 am) - Score 1,375
the phone co-op uk

Internet provider The Phone Co-op, an independent consumer co-operative, has this week announced the acquisition of Namesco’s broadband service, which was agreed on 31st May 2014 and has forced more than 2,400 of Namesco’s residential and business customers to migrate onto the new owners network.

Some readers may recall that Namesco use to run quite a popular home and business broadband (ADSL) service, although this was slowly pushed into the background after the company was gobbled up in a £24.5m acquisition by Spanish web-hosting firm Dada during 2007 (here). Since then existing customers have continued to be supported but Namesco no longer sells the service.

Vivian Woodell, CEO of The Phone Co-op, said:

We are delighted to welcome these new customers to The Phone Co-op. We are confident that our customer-focused approach, which stems from the fact that The Phone Co-op belongs to its customers, will appeal to the people who are moving to us. All our customers have the opportunity to become members of The Phone Co-op, to co-own the business and share in the profits, and we hope that as many as possible of these new customers will choose to do so.

We offer a range of services in addition to broadband, including fixed line and mobile telephone services and a number of business connectivity services, and will be making these available to our new customers right away.”

Stephen Ewart, Commercial Director of Namesco, added:

We’ve decided to focus on our core product ranges which include web hosting, domain names, email and website building tools. We’d like to say a big thank you to our customers who have bought broadband services from us over the years. This move to The Phone Co-op will be beneficial as customers will now be with a specialist provider offering improved products and a wider range of phone and broadband services.

We spent a lot of time with The Phone Co-op’s management and were impressed with their values and approach. We couldn’t have found a better home for our customers and trust this initial agreement will open up more opportunities to work together in the future.”

Ordinarily we’d look at the pros and cons of a move like this but in Namesco’s case their broadband packages have been stagnated for so long that the acquisition is unlikely to have many negatives, in fact it’s arguably a long overdue move. Customers should benefit from cheaper and faster broadband packages (ADSL2+ instead of ADSL etc.), not to mention phone services.

Leave a Comment
4 Responses
  1. Avatar Phil

    Namesco are the slowest broadband left in this uk with just up to 8Mbps ADSL. Rather poor. They never interest on ADSL2+ or FTTC products.

  2. Avatar DTMark

    Did it really only have 2,400 customers?

    Assuming a profit of fifty quid per year per customer and that’s probably on the high side, and again making a series of assumptions, the entire business can’t have been worth much more than maybe 50k to 100k at best.

    • I recall it having a lot more than that during their golden years and pre-Dada, but like other ISPs that haven’t adapted they soon suffered a bleed to the big boys and more modern smaller players. Namesco were still selling 8Mbps ADSL services for years after ADSL2+ came on to the market.

    • Avatar sentup.custard

      As Mark says, they used to have a lot more customers (including yours truly), but when Dada took over they soon made it very obvious that they were only interested in the domain names and hosting side of the business, not the broadband. Support got shifted to India (only for the broadband – the rest remained in Worcester), and the broadband packages almost disappeared from their website. There was no link to them from the front page, and if you weren’t already a Namesco customer it’s unlikely that you’d even realise they existed. Updating them with faster offerings to attract new custom was the last thing they were likely to do!

Comments RSS Feed

Javascript must be enabled to post (most browsers do this automatically)

Privacy Notice: Please note that news comments are anonymous, which means that we do NOT require you to enter any real personal details to post a message. By clicking to submit a post you agree to storing your comment content, display name, IP, email and / or website details in our database, for as long as the post remains live.

Only the submitted name and comment will be displayed in public, while the rest will be kept private (we will never share this outside of ISPreview, regardless of whether the data is real or fake). This comment system uses submitted IP, email and website address data to spot abuse and spammers. All data is transferred via an encrypted (https secure) session.

NOTE 1: Sometimes your comment might not appear immediately due to site cache (this is cleared every few hours) or it may be caught by automated moderation / anti-spam.

NOTE 2: Comments that break our rules, spam, troll or post via known fake IP/proxy servers may be blocked or removed.
Cheapest Superfast ISPs
  • Hyperoptic £19.95 (*22.00)
    Avg. Speed 50Mbps, Unlimited
    Gift: £50 Gift Card
  • Post Office £20.90 (*37.00)
    Avg. Speed 38Mbps, Unlimited
    Gift: None
  • Vodafone £21.95
    Avg. Speed 63Mbps, Unlimited
    Gift: None
  • SSE £22.00
    Avg. Speed 35Mbps, Unlimited (FUP)
    Gift: None
  • xln telecom £22.74 (*47.94)
    Avg. Speed 66Mbps, Unlimited (FUP)
    Gift: None
Prices inc. Line Rental | View All
The Top 20 Category Tags
  1. BT (2620)
  2. FTTP (2411)
  3. FTTC (1713)
  4. Building Digital UK (1649)
  5. Politics (1513)
  6. Openreach (1488)
  7. Business (1305)
  8. FTTH (1200)
  9. Statistics (1141)
  10. Mobile Broadband (1106)
  11. Fibre Optic (1010)
  12. Ofcom Regulation (962)
  13. 4G (955)
  14. Wireless Internet (953)
  15. Virgin Media (912)
  16. EE (632)
  17. Sky Broadband (625)
  18. TalkTalk (609)
  19. Vodafone (577)
  20. 3G (433)
New Forum Topics
»
»
»
»
Playlist editors
Author: timeless
»
4G LTE Antennas
Author: soulas85
Promotion
Helpful ISP Guides and Tips
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
»
Sponsored

Copyright © 1999 to Present - ISPreview.co.uk - All Rights Reserved - Terms , Privacy and Cookie Policy , Links , Website Rules , Contact