Feeds

OneTel could be flogged

EasyNet denies interest from Centrica

Beginner's guide to SSL certificates

Centrica - the UK company that owns utility British Gas - is looking to flog its OneTel telco business, according to The Sunday Times.

The paper reports that Centrica - which has more than a million telephone and internet punters - has received interest from a number of outfits keen to make a bid for the telco.

No-one from OneTel - said to be valued at a couple of hundred million - was available at the time of writing to comment on the story.

Still, news that Centrica is looking to shed its phone business follows speculation last week that OneTel was eyeing up broadband telco EasyNet.

Rumours about a possible buy-out followed an announcement last month that Onetel is to ditch BT as its supplier of wholesale broadband following a deal with the local loop unbundling (LLU) operator.

As part of the three-year deal some 20,000 punters look set to be unhooked from BT's network and wired up to Easynet instead.

On Friday, though, EasyNet boss David Rowe told AFX that there was "no truth in this rumour".

Instead, Rowe spent Friday commenting on EasyNet's latest set of results to anyone who would listen.

EasyNet's own ISP - UK Online - now has 21,000 punters receiving unbundled broadband services since its launch in April and recently announced plans to beta test a 24 meg product in October.

Rowe also reiterated EasyNet's plan to continue its investment in LLU by unbundling up to 350 exchanges in the UK, bringing its network within reach of 5.8m homes and 850,000 businesses.

Publishing its figures for the six months to the end of June EasyNet saw revenues rise 12 per cent to £77.1m compared to £68.7m during the same period last year.

Despite this increased turnover pre-tax loss increased from £9.3m to £11.2m. ®

Choosing a cloud hosting partner with confidence

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
Just don't blame Bono! Apple iTunes music sales PLUMMET
Cupertino revenue hit by cheapo downloads, says report
US court SHUTS DOWN 'scammers posing as Microsoft, Facebook support staff'
Netizens allegedly duped into paying for bogus tech advice
Feds seek potential 'second Snowden' gov doc leaker – report
Hang on, Ed wasn't here when we compiled THIS document
Verizon bankrolls tech news site, bans tech's biggest stories
No agenda here. Just don't ever mention Net neutrality or spying, ok?
NATO declares WAR on Google Glass, mounts attack alongside MPAA
Yes, the National Association of Theater Owners is quite upset
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
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.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
Protecting against web application threats using SSL
SSL encryption can protect server‐to‐server communications, client devices, cloud resources, and other endpoints in order to help prevent the risk of data loss and losing customer trust.