Home
 » ISP News » 
Sponsored

ITS Technology Group Gobbles Welsh Wireless Broadband ISP Xwavia

Wednesday, November 26th, 2014 (10:06 am) - Score 1,483

The IT services provider and fibre optic builder, ITS Technology, has gobbled yet another Internet provider and this time it’s Wales focused fixed wireless broadband ISP Xwavia, which serves a number of remote rural communities (e.g. Conwy) with superfast Internet speeds.

The acquisition, which was made for an undisclosed sum, will see ITS “own and extend the significant fibre and wireless network footprint” that connects residential areas and businesses in hard to reach areas of Wales including Anglesey, Conway and Powys.

ITS said that it will also take on all customer contracts and protect the roles of 12 existing technical and operational staff. On top of that ITS will also adopt the Xwavia brand and keep the providers existing office in Welshpool.

Roy Shelton, CEO and founder of ITS Technology, said:

We have made three strategic acquisitions this year in order to strengthen our proposition as a leading broadband provider to those areas that are overlooked by the big players. Xwavia has successfully delivered broadband to areas of Wales that aren’t even served by mains gas, electricity or water. Its methods of providing broadband will benefit and play a much wider role across ITS’ customer base and projects. The acquisition will protect the assets already built, as well as the commitment to fulfil all Xwavia’s contracts, means that the future of superfast broadband in Wales is in safe hands.”

Xwavia was also in the news quite a bit earlier this year after they secured an additional investment of £1.2 million from Finance Wales (here), which was on top of some existing public investment and resulted in questions about why so much money was needed when similar ISPs were doing the same work without recourse to tax payer sourced funding. At least the ISP now appears to be in good hands.

Leave a Comment
6 Responses
  1. Avatar Gadget says:

    Since the £1.2m was a loan I hope the repayment obligation has been transferred to the new owners.

    1. Avatar John Masters says:

      I don’t think its an issue for ITS, more likely the administrators for Xwavia to deal with now.

    2. Avatar Gadget says:

      If they haven’t taken the debt as well as the assets the there has to be some questions including “due diligence” concerning the £1.2m on loan from the Welsh fund.
      The original article here http://www.ispreview.co.uk/index.php/2014/05/welsh-wireless-broadband-isp-xwavia-secures-1-2m-finance-wales-lone.html suggest the money will be used to build out their network, which presumably is now in the hands of ITS.

  2. Avatar Jonus says:

    ITS apprear to be in a roll at the momemt and scaling quiicky. One to watch as I am sure there will be much more consolidation in the space.

  3. Avatar Karen Jones says:

    Just thinking, We have been here before with other companies- LIKE DIXONS – they use other people’s money to buy the assets, then spread themselves so thin they cannot support the financial position they put themselves in, Therefor bye, bye, company- I hope it works out for the good, but this company is growing too fast for its own good in my books…

  4. Avatar David Davies says:

    These guys are awful. What you sign up for and what you get are 2 completely separate things, support queries are completely ignored followed up with excuses and lies.

    £25 a month for a service not as advertised, and non existent support. Daylight robbery.

    Oh and here’s the kicker, from believing in the end of “up to speeds” they have now introduced (rather forced customers) in to “up to” packages.

Comments are closed.

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 £22.00
    Avg. Speed 50Mbps, Unlimited
    Gift: None
  • Onestream £22.49 (*29.99)
    Avg. Speed 45Mbps, Unlimited
    Gift: None
  • xln telecom £22.74 (*47.94)
    Avg. Speed 66Mbps, Unlimited
    Gift: None
  • Plusnet £22.99 (*35.98)
    Avg. Speed 36Mbps, Unlimited
    Gift: £60 Reward Card
  • Vodafone £23.00
    Avg. Speed 35Mbps, Unlimited
    Gift: None
Prices inc. Line Rental | View All
The Top 20 Category Tags
  1. BT (2769)
  2. FTTP (2757)
  3. FTTC (1785)
  4. Building Digital UK (1743)
  5. Politics (1667)
  6. Openreach (1622)
  7. Business (1435)
  8. FTTH (1340)
  9. Statistics (1241)
  10. Mobile Broadband (1228)
  11. Fibre Optic (1065)
  12. 4G (1058)
  13. Wireless Internet (1021)
  14. Ofcom Regulation (1015)
  15. Virgin Media (1006)
  16. EE (697)
  17. Vodafone (669)
  18. Sky Broadband (668)
  19. TalkTalk (663)
  20. 5G (518)
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