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Jobs go as Claranet confirms Netscalibur buyout

Insiders talk of job losses

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Claranet has confirmed that it has bought ISP Netscalibur UK for an undisclosed sum.

In a statement Claranet claims that the combined group will have an annual turnover of more than £70 million and more than 40,000 business punters.

The Register reported last week that the two parties were set to sign a deal although at the time neither side was prepared to comment, citing legal reasons.

Staff were told yesterday of the deal but sources have told The Register that six people are to be made redundant at Netscalibur. It's still unclear whether there are other job losses in the pipeline.

Last week insiders told us that some staff at Claranet are worried about the future of their jobs following the deal.

Claranet was reluctant to discuss the matter this morning. Finally, the ISP issued the following statement: "Staff were informed of the need to integrate the two businesses in person. They were informed this may involve a small number of redundancies, but wherever possible this would be achieved voluntarily or through natural staff churn." ®

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Claranet in talks to buy Netscalibur - sources

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