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186K buys Mailbox

That explains the party in Trafalgar Sq then

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Business ISP 186k has snapped up London-based provider Mailbox Internet.

Financial details were not disclosed but The Reg understands that 186k probably didn't get much change from a couple of million quid.

Mailbox - a finalist in the best business broadband category of the UK's "ISPA" awards for two years on the trot - is one of the UK's oldest ISPs.

Based in Fulham it employs 16 people and provides broadband services to around 10,000 business users in London and the south of England.

The acquisition is part of 186k's strategy to expand its business by buying established ISPs. Within the last year or so it has snapped up Northern-based Elite Internet Services and acquired a major stake in Middlesborough-based Onyx Internet.

Said 186k boss Dominic Marrocco: "The acquisition of Mailbox Internet will provide a key gateway to allow a greater penetration of 186k's services within the heart of London and Southern England." ®

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