Feeds

Biscit says no trouble at the mill

As executive director departs

Combat fraud and increase customer satisfaction

Internet Service Provider Biscit has insisted it is "business as usual" after its chief executive left the board.

The firm has also denied speculation that it has been undergoing financial problems after refund cheques to customers bounced. The firm also laid off some staff in January

The company today announced the departure of its executive director, Hugh Paterson, and said: "Biscit today advises that Hugh Paterson has resigned as an executive director of Biscit and its internet businesses and has accepted a new mandate from the new shareholders to develop Biscit's forward roadmap."

A spokesperson for Biscit said: "Hugh is a skilled business leader and marketeer. During his tenure Biscit has grown significantly and his many broadband initiatives have been recognised as among the most innovative on today's market."

Paterson told the Reg: "I've resigned so I can concentrate on future developments. But the rest of this is overblown. The bounced cheques were just an administrative error - we closed an account but everyone has now been refunded. There are no financial problems and our rent is up to date. We have a good core of staff although there were some redundancies earlier in the year." ®

Combat fraud and increase customer satisfaction

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 threatens to pull out of FCC wireless auctions over purchase limits
Company wants ability to buy more spectrum space in auction
Turnbull leaves Australia's broadband blackspots in the dark
New Statement of Expectations to NBN Co offers get-out clauses for blackspot builds
Facebook claims 100 MEEELLION active users in India
Who needs China when you've got the next billion in your sights?
Facebook splats in-app chat, whacks brats into crack yakety-yak app
Jibber-jabbering addicts turfed out just as Zuck warned
Google looks to LTE and Wi-Fi to help it lube YouTube tubes
Bandwidth hogger needs tube embiggenment if it's to succeed
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.
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.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
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.