Feeds

BSkyB reels in Wi-Fi network operator The Cloud

Buys hotspot specialist, bigs up growing broadband customer base

Secure remote control for conventional and virtual desktops

BSkyB confirmed this morning that it bought Wi-Fi hotspot provider The Cloud Networks Ltd earlier this month for an undisclosed sum.

It said the deal was subject to regulatory clearance in Jersey, where The Cloud recently inked a partnership with Jersey Telecom.

Sky said it has bought The Cloud to beef up its mobile content portfolio.

"The acquisition gives us ownership of over 5,000 public Wi-Fi locations across the UK, ensuring that customers can access our online service at a network of convenient locations," it said in a statement.

"In addition, the initiative will complement our existing broadband services by offering customers a comprehensive option for Wi-Fi connectivity while they are on the move."

It said that The Cloud had gross assets of £17.1m as of 31 December 2009.

Sky, which also issued its second quarter report to the City today, saw a better-than-expected 40 per cent increase in net profit in part, it said, due to the company's 10 million-strong customer base.

It claimed the "fastest broadband growth in 10 quarters with 204,000 net additions".

For the three months ended 31 December 2010, Sky posted net profit of £179m, up from £128m for the same period a year earlier.

Profit before tax was £237m on Q2 sales of £1.66bn for the quarter, compared to revenues of £1.44bn and pre-tax profit of £134m in the same period in 2009. The full results can be viewed here (pdf).

Sky rival O2 took the opportunity to roll out a classic "we welcome competition, but we're still better than you" statement today.

"As a pioneer of Wi-Fi in the UK, we welcome new entrants to the Wi-Fi market - increased competition can only be a good thing for the consumer," said O2 Wi-Fi managing director Gavin Franks.

"For too long, public Wi-Fi has fallen short of consumers' needs and expectations. That's why we are creating a Wi-Fi network that is three times faster than most, requires one sign-up, and is open to absolutely everyone for free." ®

Providing a secure and efficient Helpdesk

More from The Register

next story
Net neutrality protestors slam the brakes on their OWN websites
Sites link up to protest slow lanes by bogging down pages
Drag queens: Oh, don't be so bitchy, Facebook! Let us use our stage names
Handbags at dawn over free content ad network's ID policy
Who us, SHARE infrastructure? Networks reject gov proposal
Execs pour scorn on 'national roaming' outline – report
Blockbuster book lays out the first 20 years of the Smartphone Wars
Symbian's David Wood bares all. Not for the faint hearted
Net neutrality fans' joy as '2.3 million email' flood hits US Congress
FCC invites opinions in CSV format, after Slowdown day 'success'
'Serious flaws in the Vertigan report' says broadband boffin
Report 'fails reality test' , is 'simply wrong' and offers ''convenient' justification for FTTN says Rod Tucker
This flashlight app requires: Your contacts list, identity, access to your camera...
Who us, dodgy? Vast majority of mobile apps fail privacy test
Apple Watch will CONQUER smartwatch world – analysts
After Applelocalypse, other wristputers will get stuck in
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.
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.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.