Feeds

C&W buys INS

So that explains the Networks Telecom no-show

  • alert
  • submit to reddit

Internet Security Threat Report 2014

"As a private company INS is wholly accountable to itself and its customers." But not for much longer. Internet Network Services, the venture capital-backed ISP, has sold itself to Cable & Wireless. Terms were undisclosed... although the Evening Standard reckons the deal was struck at "between £50 million and £100 million". In other words, it doesn't know. Presumably, INS investors (which include Barings Communications Equity and Spectrum Equity Partners) made a pretty penny. Or two. Rumours of INS' impending sale were flying around Networks Telecom last week, sparked by the ISP's no show at an awards dinner. Only it was NTL, the megalomaniac cable company that was supposed to be doing the buying. Through INS, C&W gains net liabilities of £8 million, and 1,500 business customers. INS claims it is the UK's third biggest and fastest growing ISP. It also operates an education-specific ISP, called Edex. ®

Intelligent flash storage arrays

More from The Register

next story
I'll be back (and forward): Hollywood's time travel tribulations
Quick, call the Time Cops to sort out this paradox!
Musicians sue UK.gov over 'zero pay' copyright fix
Everyone else in Europe compensates us - why can't you?
Megaupload overlord Kim Dotcom: The US HAS RADICALISED ME!
Now my lawyers have bailed 'cos I'm 'OFFICIALLY' BROKE
MI6 oversight report on Lee Rigby murder: US web giants offer 'safe haven for TERRORISM'
PM urged to 'prioritise issue' after Facebook hindsight find
BT said to have pulled patent-infringing boxes from DSL network
Take your license demand and stick it in your ASSIA
Right to be forgotten should apply to Google.com too: EU
And hey - no need to tell the website you've de-listed. That'll make it easier ...
prev story

Whitepapers

Seattle children’s accelerates Citrix login times by 500% with cross-tier insight
Seattle Children’s is a leading research hospital with a large and growing Citrix XenDesktop deployment. See how they used ExtraHop to accelerate launch times.
5 critical considerations for enterprise cloud backup
Key considerations when evaluating cloud backup solutions to ensure adequate protection security and availability of enterprise data.
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.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Beginner's guide to SSL certificates
De-mystify the technology involved and give you the information you need to make the best decision when considering your online security options.