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Pipexs buy Caudwell's fixed line business



 
 
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  #1  
Old March 23rd 06, 11:57 PM posted to uk.telecom,uk.telecom.broadband
Sunil Sood
external usenet poster
 
Posts: 1,590
Default Pipexs buy Caudwell's fixed line business

PIPEX Communications plc, the broadband, hosting and telecoms network
operator, has announced the acquisition of Caudwell Communications Limited,
trading as Homecall, for an undisclosed sum, including the assumption of
bank debt of approximately 43 million, which has now been repaid by PIPEX.

Homecall is one of the UK's leading providers of voice, line rental, and
broadband services. Homecall currently has over 500,000 customers of which
in excess of 350,000 take more than one service.

The last set of (Homecall) audited results for the year ended 31 December
2004, showed turnover of 91.4 million and a loss before tax of 34.7
million. The losses were principally incurred by a significant and
successful customer acquisition programme. Homecall is now trading
profitably at the profit before tax level.

Chairman of PIPEX, Peter Dubens, commented:

'This acquisition brings with it four very important elements: additional
scale, high street and call centre sales channels, accelerated returns on
our LLU strategy and significant cross-selling opportunities.'

More details at
http://www.investegate.co.uk/Article...3230701262559A

Regards
Sunil



  #2  
Old March 24th 06, 08:24 AM posted to uk.telecom,uk.telecom.broadband
WCZ
external usenet poster
 
Posts: 131
Default Pipexs buy Caudwell's fixed line business


"Sunil Sood" wrote in message
...
PIPEX Communications plc, the broadband, hosting and telecoms network
operator, has announced the acquisition of Caudwell Communications
Limited,
trading as Homecall, for an undisclosed sum, including the assumption of
bank debt of approximately 43 million, which has now been repaid by
PIPEX.

Homecall is one of the UK's leading providers of voice, line rental, and
broadband services. Homecall currently has over 500,000 customers of
which in excess of 350,000 take more than one service.

The last set of (Homecall) audited results for the year ended 31 December
2004, showed turnover of 91.4 million and a loss before tax of 34.7
million. The losses were principally incurred by a significant and
successful customer acquisition programme. Homecall is now trading
profitably at the profit before tax level.

Chairman of PIPEX, Peter Dubens, commented:

'This acquisition brings with it four very important elements: additional
scale, high street and call centre sales channels, accelerated returns on
our LLU strategy and significant cross-selling opportunities.'

More details at
http://www.investegate.co.uk/Article...3230701262559A

Regards
Sunil


I'd rather they fixed there network rather than buying more companies. My
download speed has been rubbish for the past week and I'm only on 0.5Mb. If
they can't handle 0.5Mb connections then something must be wrong.





  #3  
Old March 24th 06, 08:44 AM posted to uk.telecom,uk.telecom.broadband
dave @ stejonda
external usenet poster
 
Posts: 69
Default Pipexs buy Caudwell's fixed line business

In message , WCZ
writes
"Sunil Sood" wrote in message
...


PIPEX Communications plc, the broadband, hosting and telecoms network
operator, has announced the acquisition of Caudwell Communications
Limited,


I'd rather they fixed there network rather than buying more companies. My
download speed has been rubbish for the past week and I'm only on 0.5Mb. If
they can't handle 0.5Mb connections then something must be wrong.

Do you have UkOnline/Easynet/Sky LLU available to you? On the few
occasions I need to I reliably get 8Mb downloads. (Their CS is sh!t tho'
- replies to 1/5 emails sent.)

--
dave @ stejonda
 




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