Feeds

US telecomms giant homes in on UK ISP

INS is target for Level 3 Web expansion

  • alert
  • submit to reddit

Secure remote control for conventional and virtual desktops

Reports in yesterday’s Mail On Sunday claim Internet Network Services (INS) - one of the UK’s largest service providers - is the target of a takeover bid by Level 3. Level 3 is a US telecomms company, which is said to have £4 billion set aside with which it can go shopping. It has been around for only a year and has already upset the telecomms apple cart with an extensive price cutting regime. The report valued INS at around £130 million. The UK company was set up in 1995 and has offices in London, Manchester and Coventry. It claims to be the third largest UK ISP, according to the volume of its traffic transmitted across the London Internet Exchange. It is privately owned and backed by Baring Communications Equity and Spectrum Equity Investors, among others. It provides Web access and hosting services to large corporate companies, including Barclays and Reuters. The Mail On Sunday said Level 3 was planning to cut the cost of Web access calls by around 60 per cent. In January this year, INS bought another UK ISP, Wisper, taking some of the assets ad contracts of the outfit. No one from INS was available to comment at press time. ®

Secure remote control for conventional and virtual desktops

More from The Register

next story
The 'fun-nification' of computer education – good idea?
Compulsory code schools, luvvies love it, but what about Maths and Physics?
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
'Cowardly, venomous trolls' threatened with TWO-YEAR sentences for menacing posts
UK government: 'Taking a stand against a baying cyber-mob'
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Cloud and hybrid-cloud data protection for VMware
Learn how quick and easy it is to configure backups and perform restores for VMware environments.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.