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Communications provider TalkTalk has revealed that it is turning to the bond markets for funding, as well as perhaps suffering an increase in the cost of borrowing, by securing £300 million. This should help them to repay some of their bank lenders (the provider owes around £847m in net debt).
The telecoms regulator has today granted a request by mobile operator EE (BT) for two new licence variations, which would for example enable them to use 4G (LTE) in the unpaired frequencies of 1899.9 – 1909.9MHz (Spectrum Access 2100MHz licence) and support the new Emergency Services Network.
ISPreview.co.uk can today confirm that the first Internet piracy warning letters (aka – “subscriber alerts” or “educational emails“) will this month begin to be sent by all of the biggest broadband ISPs. The “alerts” will be issued to those users who are suspected of engaging in online copyright infringement.
Internet provider Plusnet Business has cut the price of their entry-level ‘up to’ 18Mbps Unlimited Business Broadband package, which including line rental now costs £14.49 +vat per month for the first 12 months of service (£27.50 thereafter).
Doncaster-based ISP Origin Broadband, which tends to focus on the budget side of the market, has managed to raise an extra £3 million of investment via Calculus Capital, which is a Private Equity fund manager and specialist in the Enterprise Investment Scheme (EIS) and Venture Capital Trust (VCT). Expect more sales staff to be hired.