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BT spends extra GBP 50 mln to boost fibre broadband roll-out

2014-01-24 17:45:00| Telecompaper Headlines

(Telecompaper) BT has announced a further investment of GBP 50 million to make fibre broadband available to over 400,000 additional premises in more than 30 cities over the next three years. The company is investing more than GBP 3 billion on deploying fibre broadband, with its open access fibre network already passing more than 18 million premises. This new investment will focus on three areas: enabling city cabinets that were not part of BT's original commercial plans due to technical challenges or local planning restrictions; deploying fibre to cabinets to serve multi-dwelling units such as apartment blocks; and laying further fibre including 'Fibre-to-the-Premises' (FTTP) technology to new build sites in cities.

Tags: extra gbp boost broadband

 

AssuredPartners Inc. Acquires GBP Risk Solutions in Arizona

2013-08-31 21:25:41| Agriculture - Topix.net

AssuredPartners Inc. has completed the acquisition of Golseth & Gregson Insurance Services , an independent insurance agency based in Arizona.

Tags: solutions risk arizona gbp

 
 

BT to deliver new GBP 264 mln broadband project in Scotland

2013-07-09 10:56:00| Telecompaper Headlines

(Telecompaper) The Scottish Government has announced a GBP 264 million investment to roll out fibre broadband to hundreds of thousands of households and businesses across Scotland. The project will be delivered by BT, which is investing GBP 106.7 million in the partnership. Together with a GBP 146 million partnership announced earlier in 2013 to bring faster broadband to the Highlands and Islands and commercial investment plans by the private sector, the new project will ensure that 85 percent of Scottish properties have access to fibre broadband by end-2015 and around 95 percent by end-2017. Initial priority will be given to rural small and medium sized businesses (SMBs) to encourage economic growth in hard to reach areas.

Tags: project deliver scotland gbp

 

Sky to buy O2 fixed broadband business for GBP 180 mln

2013-03-01 08:35:00| Telecompaper Headlines

(Telecompaper) BSkyB has agreed to acquire O2 UK's fixed broadband business from Telefonica for GBP 180 million. The acquisition of the over half a million broadband customers under the O2 and Be brands will make Sky the UK's second-largest ISP, while the sale of its fixed-line activities will allow O2 to focus on expanding its mobile broadband network, including the launch of 4G. O2 has been losing fixed broadband customers steadily for two years and finished 2012 with a total 560,100. Its 377,400 fixed telephony customers will also transfer to Sky. Upon successful completion of the customer migration process by Telefonica UK, Sky has agreed to pay an extra GBP 20 million. O2 and Be customers will be migrated to Sky's own unbundled network. The sale is expected to close in April, pending regulatory approval.

Tags: business buy fixed sky

 

UK 4G auction raises GBP 2.3 bln from 5 winning bidders

2013-02-20 09:22:00| Telecompaper Headlines

(Telecompaper) The UK's LTE auction has completed with total proceeds of GBP 2.3 billion and five bidders winning spectrum, regulator Ofcom announced. Vodafone UK paid the highest amount, at GBP 790.8 million for 2x10MHz in the 800MHz band, 2x20MHz in the 2.6GHz band and 1x25MHz in the 2.6GHz band. Everything Everywhere, the joint venture of T-Mobile and Orange, paid GBP 588.9 million for 2x5MHz in the 800MHz band and 2x35MHz in the 2.6GHz band. Telefonica, owner of O2 UK, followed with total bids of GBP 550 million for 2x10MHz in the 800 MHz band, which carries a special obligation of indoor coverage for 98 percent of the population by end-2017. 3 UK acquired 2x5MHz in the 800MHz band for a total price of GBP 225 million, benefiting from a spectrum reservation in Ofcom's efforts to create a fourth national wholesale. Niche Spectrum Ventures, a subsidiary set up by BT, acquired 2x15MHz and 1x20MHz in the 2.6GHz band for a total GBP 186.5 million.

Tags: winning auction gbp raises

 

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