Feeds

Pipex for sale

Adios independent ISPs

Build a business case: developing custom apps

The UK's independent ISP market just keeps on shrinking, with Pipex hawking itself around looking for a buyer.

Weekend reports said Chairman Peter Dubens has appointed bankers UBS to find a buyer for the firm, however the company itself is refusing to comment.

Dubens announced a review of business in January to decide the best way forward.

Pipex confirmed the reports this morning, saying the bankers were examining a number of strategic options, including a possible sale.

Pipex shares are down almost two per cent today, but enjoyed a big rally last week. The company has a market cap of £335m and claims over half a million broadband customers.

Independent ISPs are struggling to compete with the big brands like Virgin, Sky, and the various mobile companies who offer a bundle of services.

With mobile and cable operators chasing each other to add strings to their triple or quadruple-play strategies, there should be no shortage of bidders. Several companies have upset customers by buying into the broadband market without an adequate technology partner.

We would normally include some financial filler at this point, but the investors section of Pipex's website seems a little tired at this point.®

The essential guide to IT transformation

More from The Register

next story
Microsoft exits climate denier lobby group
ALEC will have to do without Redmond, it seems
Caught red-handed: UK cops, PCSOs, specials behaving badly… on social media
No Mr Fuzz, don't ask a crime victim to be your pal on Facebook
Barnes & Noble: Swallow a Samsung Nook tablet, please ... pretty please
Novelslab finally on sale with ($199 - $20) price tag
Ballmer leaves Microsoft board to spend more time with his b-balls
From Clippy to Clippers: Hi, I see you're running an NBA team now ...
Kate Bush: Don't make me HAVE CONTACT with your iPHONE
Can't face sea of wobbling fondle implements. What happened to lighters, eh?
Video of US journalist 'beheading' pulled from social media
Yanked footage featured British-accented attacker and US journo James Foley
Amazon takes swipe at PayPal, Square with card reader for mobes
Etailer plans to undercut rivals with low transaction fee offer
Assange™: Hey world, I'M STILL HERE, ignore that Snowden guy
Press conference: ME ME ME ME ME ME ME (cont'd pg 94)
Call of Duty daddy considers launching own movie studio
Activision Blizzard might like quality control of a CoD film
prev story

Whitepapers

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.
7 Elements of Radically Simple OS Migration
Avoid the typical headaches of OS migration during your next project by learning about 7 elements of radically simple OS migration.
BYOD's dark side: Data protection
An endpoint data protection solution that adds value to the user and the organization so it can protect itself from data loss as well as leverage corporate data.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?