The Register® — Biting the hand that feeds IT

Freeserve in Xmas FRIACO deal

Deck the hall with boughs of holly, tra-la la-la-la, la-la, la-la

Increase your knowledge of the latest threats to your busines

Britain's biggest ISP, Freeserve, reckons it will be offering a FRIACO-based Net access by December.

In a statement today, CE John Pluthero, said: "...we are strongly positioned for the introduction of Flat
Rate Internet Access Call Origination (FRIACO)."

But spokesman Paul Barker told The Reg that the timing depended upon "BT making it available for us".

For Freeserve, though FRIACO can't come soon enough. It is currently subsidising its existing 250,000 unmetered users to the tune of £500,000 a month, although Barker claims this situation is improving "day by day, month by month".

Earlier today, Freeserve posted Q1 losses for the period ended 19 August 2000 of £14.6 million (£3.4 million for the same period last year) based on a turnover of £14.6 million (£7 million), Britain's leading ISP reported today.

The ISP's share price rose in early trading but fell back to 235p, down 7p on last night's close.

At quarter end, Freeserve held cash and cash-based investments of £53.6 million, compared to £63.5 million at the end of the last quarter. ®

Increase your knowledge of the latest threats to your busines

Don’t Miss

Win a Samsung C6625!

Reg Lucky Draw Windows Mobile handsets up for grabs

Palm_Pre_001_SMIs your cameraphone an oxymoron?

Pic Review iPhone 3G v iPhone 3GS v Palm Pre

Reg black vulture logoReg Mobile and Wireless newsletter is go! go! go!

Site news Email-tasm

Sign up, sign up for The Register IT security newsletter

Narrowcasting for the email classes