Feeds

Biscit says no trouble at the mill

As executive director departs

Next gen security for virtualised datacentres

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." ®

Boost IT visibility and business value

More from The Register

next story
Canadian ISP Shaw falls over with 'routing' sickness
How sure are you of cloud computing now?
UK fuzz want PINCODES on ALL mobile phones
Met Police calls for mandatory passwords on all new mobes
Don't call it throttling: Ericsson 'priority' tech gives users their own slice of spectrum
Actually it's a nifty trick - at least you'll pay for what you get
Three floats Jolla in Hong Kong: Says Sailfish is '3rd option'
Network throws hat into ring with Linux-powered handsets
Fifteen zero days found in hacker router comp romp
Four routers rooted in SOHOpelessly Broken challenge
New Sprint CEO says he will lower axe on staff – but prices come first
'Very disruptive' new rates to be revealed next week
PwC says US biz lagging in Internet of Things
Grass is greener in Asia, say the sensors
Ofcom sees RISE OF THE MACHINE-to-machine cell comms
Study spots 9% growth in IoT m2m mobile data connections
O2 vs Vodafone: Mobe firms grab for GCHQ, gov.uk security badge
No, the spooks love US best, say rival firms
Ancient pager tech SMS: It works, it's fab, but wow, get a load of that incoming SPAM
Networks' main issue: they don't know how it works, says expert
prev story

Whitepapers

Endpoint data privacy in the cloud is easier than you think
Innovations in encryption and storage resolve issues of data privacy and key requirements for companies to look for in a solution.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Top 8 considerations to enable and simplify mobility
In this whitepaper learn how to successfully add mobile capabilities simply and cost effectively.
Solving today's distributed Big Data backup challenges
Enable IT efficiency and allow a firm to access and reuse corporate information for competitive advantage, ultimately changing business outcomes.
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.