Feeds

Pipex buys Caudwell's fixed line phone biz

One million punters and counting

SANS - Survey on application security programs

Pipex has bought fixed line business Homecall from telecoms tycoon John Caudwell adding more than 500,000 phone punters to its existing customer base.

Coupled with its existing broadband, voice and hosting business Pipex now has more than a million punters giving it ample opportunity to sell multiple services to its expanding customer base.

And since the operator is already investing in local loop unbundling (LLU), the increased numbers of punters connected to each unbundled exchange should make this investment even more cost effective.

As part of the deal Pipex has also secured a distribution deal with retail outlet Phones4u, which is also part of the Caudwell empire.

Financial details behind the deal were not disclosed although Pipex did cop for £43m of bank debt which it has already paid. Last year Caudwell Communications - which is behind the Homecall brand - generated £91.4m in revenues and made a pre-tax loss of £34.7m, although the firm is now reportedly making a profit.

Said Pipex chairman Peter Dubens: "In terms of scale, we will now have over one million customers in the UK across broadband, voice and hosting, further consolidating our position as a major player in the broadband market. Pipex traditionally sells over the internet and the acquisition brings significant call centre sales expertise and importantly access to high-street footfall through a distribution agreement with Phones4u.

Last autumn Caudwell put his fixed line business up for sale but then put that on hold following a decision to flog his entire phone empire, which includes mobile phone retailer Phones4u, fixed line outfit Caudwell Communications, and mobile handset and accessories distributors 20:20 and Dextra.

The sales of the rest of Caudwell's business is imminent, according to recent reports. ®

Top three mobile application threats

More from The Register

next story
Virgin Media so, so SORRY for turning spam fire-hose on its punters
Hundreds of emails flood inboxes thanks to gaffe
A black box for your SUITCASE: Now your lost luggage can phone home – quite literally
Breakfast in London, lunch in NYC, and your clothes in Peru
AT&T dangles gigabit broadband plans over 100 US cities
So soon after a mulled Google Fiber expansion, fancy that
AT&T threatens to pull out of FCC wireless auctions over purchase limits
Company wants ability to buy more spectrum space in auction
Google looks to LTE and Wi-Fi to help it lube YouTube tubes
Bandwidth hogger needs tube embiggenment if it's to succeed
Turnbull gave NBN Co NO RULES to plan blackspot upgrades
NBN Co faces huge future Telstra bills and reduces fibre footprint
NBN Co plans fibre-to-the-basement blitz to beat cherry-pickers
Heading off at the pass operation given same priority as blackspot fixing
NBN Co in 'broadband kit we tested worked' STUNNER
Announcement of VDSL trial is not proof of concept for fibre-to-the-node
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
SANS - Survey on application security programs
In this whitepaper learn about the state of application security programs and practices of 488 surveyed respondents, and discover how mature and effective these programs are.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.