Feeds

Zipcom buys HighwayOne

Anyone been following the cricket?

  • alert
  • submit to reddit

Top 5 reasons to deploy VMware with Tegile

Telecoms operator Zipcom plc has acquired UK-based HighwayOne for £900,000, the company confirmed today.

It's not known if there are any job losses associated with the acquisition.

Zipcom is a broadband provider for SMEs and uses fixed wireless access and DSL to offer hi-speed Net services in areas outside of major cities.

By targeting less keenly contested regions Zipcom reckons it can cash in on providing broadband services in areas that have been ignored by its "less agile competitors".

Grahame Purvis, Zipcom's chairman and CE said: "Acquiring HighwayOne means that we can significantly accelerate our strategy to become a leading player in the broadband market throughout the UK."

Zipcom floated on the Alternative Investment Market (AIM) last year raising £14 million. At the end of December 2000 it had £10.1 million in the bank.

In March in released its preliminary results announcing a pretax loss of £2.62 million compared to £145,000 in the previous year. ®

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!
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 ...
Assange™ slumps back on Ecuador's sofa after detention appeal binned
Swedish court rules there's 'great risk' WikiLeaker will dodge prosecution
prev story

Whitepapers

Go beyond APM with real-time IT operations analytics
How IT operations teams can harness the wealth of wire data already flowing through their environment for real-time operational intelligence.
5 critical considerations for enterprise cloud backup
Key considerations when evaluating cloud backup solutions to ensure adequate protection security and availability of enterprise data.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
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.
Simplify SSL certificate management across the enterprise
Simple steps to take control of SSL across the enterprise, and recommendations for a management platform for full visibility and single-point of control for these Certificates.