PCCW Buys Red Spectrum For Wireless
Posted: 01st Oct, 2003 By: MarkJ
Not content with being unable to win all of the UKs broadband wireless (3.4GHz) licenses in June, PCCW has now acquired Red Spectrum (RS). RS was one of only two other groups to win a license:
According to insiders, the acquisition means that PCCW - through its Poundradio subsidiary - owns all the licences auctioned by the Government earlier this year except one.
Poundradio - aka PCCW - won thirteen licences while Red Spectrum won the Northern Metropolitan licence. A third company - Public Hub - won the Southern Provincial licence.
So, is Public Hub next? Not likely, according to CEO Paul Seaman. He told The Register: "We're building our business here in the south of England. We're standing on our own two feet."
Previously PCCW items have hinted that the group is preparing to offer a national broadband wireless ISP, although details remain hidden. More @ The Register.
According to insiders, the acquisition means that PCCW - through its Poundradio subsidiary - owns all the licences auctioned by the Government earlier this year except one.
Poundradio - aka PCCW - won thirteen licences while Red Spectrum won the Northern Metropolitan licence. A third company - Public Hub - won the Southern Provincial licence.
So, is Public Hub next? Not likely, according to CEO Paul Seaman. He told The Register: "We're building our business here in the south of England. We're standing on our own two feet."
Previously PCCW items have hinted that the group is preparing to offer a national broadband wireless ISP, although details remain hidden. More @ The Register.
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