Edge Telecom buys Trilogy from administrators
Trilogy Telecom - a small local loop unbundling (LLU) operator that provides broadband in rural Cambridgeshire - has been acquired by Edge Telecom Ltd.
The deal was completed earlier this week and comes after Trilogy was placed in administration on August 23.
Financial details about the sale were not disclosed. However, in a statement Administrator Eric Stonham said the sale had been completed "without major disruption of service to customers", although one punter has contacted us to say that the service suffered a 72 hour outage that started last Saturday evening.
Stonham continued: "We quickly established that whilst the finances of the business were poor, the company's underlying service to its customers had a good foundation."
Trilogy received public money to unbundle exchanges in Cambridgeshire that were originally deemed commercially unviable by BT. However, a change of strategy led to BT investing in the area.
As a result Trilogy is understood to have struggled to stay afloat in what was described as a "very competitive market".
Edge Telecom, which is believed to be based in Hampshire, plans to expand the range of services on offer. ®