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Articles for Category Tag - Business

Global Cost Cutting – BT Group Confirm London HQ Move to Aldgate

22nd July, 2019 (3 Comments)

Telecoms giant BT Group has confirmed that their global headquarters will move from its building near St Paul’s in London to a new 18 floor base in the city’s Aldgate district by the end of 2021. Meanwhile the old HQ building is being sold for £210m to private equity firm Orion Capital Managers.

Business UK ISP Onecom Secures £100m Funding to Boost Growth

22nd July, 2019 (0 Comments)

Business broadband ISP Onecom, which only recently secured a five-year funding deal worth £30 million from HSBC UK (here), has now managed to attract a £100m funding package from LDC and Ares Management Corporation to accelerate their “organic and inorganic growth ambitions.”

UK ISP BT to Upgrade Internet Peering Network with Cisco 5500 Kit

19th July, 2019 (6 Comments)

Telecoms giant BT has extended their existing relationship with network technology company Cisco by adopting their Network Convergence System (NCS) 5500 series routers, which forms part of the broadband ISPs work to upgrade their internet peering platform.

ISP Elite Expands its UK Dark Fibre to Birmingham and Manchester

19th July, 2019 (0 Comments)

Portsmouth-based business ISP Elite has today announced the expansion of their Dark Fibre network and related Ethernet (leased line etc.) services into the Birmingham and Manchester areas, which means they’re now available to local exchanges in over 136,000 UK postcodes.

Virgin Media UK and Sky Sign Extended Deal for TV and 4K Content

18th July, 2019 (8 Comments)

Cable broadband and TV operator Virgin Media has agreed to a new multi-year partnership with Sky TV (Sky Broadband), which will not only extend their existing access to Sky’s TV channels but from next year it will also give them access to Sky’s Ultra HD (4K) linear and additional video-on-demand content.

Muted TalkTalk Update as ISP Continues FibreNation Investor Hunt

17th July, 2019 (9 Comments)

Budget UK ISP TalkTalk has this morning issued a thin trading update to the end of June 2019 (Q1 FY20), which sees them claim to be making “good progress on finding an infrastructure investment partner” for their FibreNation (FTTH broadband rollout) project but without actually announcing one.. again.

Ding Ding.. Hull UK’s Full Fibre ISP KCOM Sold to Macquarie for £627m

13th July, 2019 (5 Comments)

After a frenzied week of bidding The Takeover Panel has announced that Macquarie Infrastructure – MEIF 6 Fibre – had won the auction for Hull and East Riding’s (East Yorkshire, England) incumbent broadband ISP KCOM. The group put in a huge final bid of £627m to see off competition from rival Humber Bidco.

My Fibre Limited Moots FTTH Broadband Network for Rural Wales

11th July, 2019 (8 Comments)

Dorset-based My Fibre Limited, which describes itself as a “mechanical or industrial engineering” company that runs some Dark Fibre networks, has proposed to extend their network and may build an ultrafast Fibre-to-the-Home (FTTH) broadband ISP service for a rural community in mid-Wales.

BT Ponder More Cost and Dividend Cuts to Fuel FTTP Broadband Rollout

11th July, 2019 (40 Comments)

BT’s top brass has this week warned investors that they may have to reduce capital expenditure, cut costs, borrow more and reduce their dividend in order to fund the planned rollout of Gigabit capable Fibre-to-the-Premises (FTTP) broadband ISP technology, which aims to reach 15 million UK premises by around 2025.

Bidding War Erupts Over ISP KCOM’s Fibre Optic Network in Hull UK

5th July, 2019 (1 Comment)

In a surprise twist The Takeover Panel has ordered that the proposed sale of the incumbent telecoms and broadband operator for Hull in East Yorkshire, KCOM, should go to auction after neither of the two bidders were able to declare their offers for the company as “final“. The stage is now set for a c.£600m sale.

Openreach Encourages UK ISPs to Cancel Late Ethernet Orders

4th July, 2019 (17 Comments)

Openreach (BT) has begun encouraging ISPs to cancel “unwanted” orders for their high capacity Ethernet Access Direct (EAD) connectivity products, which they’ve defined as any orders that are taking longer than 90 days to deliver. Some might just call those “late“.

Broadband Only Given Small Boost in New UK Tourism Sector Deal

28th June, 2019 (1 Comment)

The UK Government has announced the “first ever” tourism sector deal, which among other things aims to “prepare Britain for an extra 9 million visitors per year” and includes a commitment to build 130,000 new hotel rooms by 2025. As part of that there’s also a relatively small £250,000 boost for broadband connectivity.

Wireless ISP Airband Appoints Mark Stansfeld as New Chairman

26th June, 2019 (0 Comments)

Worcester-based ISP Airband, which is busy deploying a fixed wireless and hybrid FTTP broadband network across a number of large UK rural areas, has appointed a former executive of mobile operators O2 and giffgaff – Mark Stansfeld – to become their new chairman.

ISP Zzoomm Picks Henley-on-Thames for First UK Full Fibre Rollout

26th June, 2019 (3 Comments)

Oxford-based UK ISP Zzoomm, which aspires to cover 1 million UK homes with a 10Gbps capable Fibre-to-the-Premises (FTTP) broadband network by the end of 2024 (here), has confirmed that some 6,800 premises in the town of Henley-on-Thames (Oxfordshire) will be the first to benefit from their rollout.

UK ISP Zen Cuts Fibre Ethernet Leased Line Prices for Businesses

20th June, 2019 (0 Comments)

Broadband ISP Zen Internet says they’ve “permanently” reduced the price of their dedicated and fibre optic based Ethernet leased line data connectivity services for all businesses by up to 36%, which means that prices now start from just £230 +vat per month for 10Mbps and go up to £525 for 1Gbps.

Full Fibre ISP Zzoomm Preps UK Rollout with £2.5m Supply Deal

19th June, 2019 (13 Comments)

Oxford-based ISP Zzoomm, which was setup earlier this year by Gigaclear’s founder (here) and aims to cover 1 million UK homes with a 10Gbps capable Fibre-to-the-Premises (FTTP) broadband network by the end of 2024 (here), has signed its next big supplier agreement with Hexatronic worth £2.5m.

SSE Enterprise Telecoms and Cityfibre Agree UK Fibre Partnership

18th June, 2019 (3 Comments)

Fibre optic network builders Cityfibre and business connectivity provider SSE Enterprise Telecoms have today signed a new strategic partnership, which extends their existing relationship by allowing both sides to take more advantage of each other’s respective networks and services.