Feeds

Business Serve posts profit

Eyes VoIP for future growth

  • alert
  • submit to reddit

5 things you didn’t know about cloud backup

Business Serve PLC - the acquisitive Lancaster-based ISP - has posted a profit after seeing a sizeable jump in turnover. The increase in revenue for the six months to the end of September was down to a string of acquisitions underpinned by organic growth.

As a result, turnover jumped 67 per cent to £6.8m compared to £4m a year earlier. Pre-tax profit over the period hit £103,000 compared to a loss of £7,000.

Since floating on the Alternative Investment Market (AIM) in February the ISP has snapped up six companies and is still on the lookout for businesses to bolt on to its existing operation. And while it is eyeing new opportunities to grow, Business Serve is continuing to integrate the businesses its bought "which will further reduce costs and increase efficiency".

While keeping costs down, it's also looking to generate more revenue from its products. In particular, following the buy-out of internet telephony outfit Pipemedia in October the ISP is looking to give Voice over Internet Protocol (VoIP) the hard sell.

The company said in a statement that it seeks "to exploit the significant opportunities which exist within the telecom market place specifically through VoIP technology and the ability to offer converged voice and data services". ®

Related stories

The Great ISP Buyout
Business Serve buys VoIP outfit
Business Serve snaps up Vital Online
Business Serve floats on AIM
Business Serve buys Legend Internet

Secure remote control for conventional and virtual desktops

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
So, Apple won't sell cheap kit? Prepare the iOS garden wall WRECKING BALL
It can throw the low cost race if it looks to the cloud
EE fails to apologise for HUGE T-Mobile outage that hit Brits on Friday
Customer: 'Please change your name to occasionally somewhere'
Time Warner Cable customers SQUEAL as US network goes offline
A rude awakening: North Americans greeted with outage drama
We need less U.S. in our WWW – Euro digital chief Steelie Neelie
EC moves to shift status quo at Internet Governance Forum
BT customers face broadband and landline price hikes
Poor punters won't be affected, telecoms giant claims
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Advanced data protection for your virtualized environments
Find a natural fit for optimizing protection for the often resource-constrained data protection process found in virtual environments.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.