ITS Technology Group Gobbles Welsh Wireless Broadband ISP Xwavia

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.