UK Broadband Limited confirms the acquisition from Daisy Group plc of its spectrum licenses for a cash consideration of £12.5m.
UKB is already a holder of spectrum and this acquisition results in it holding multiple licenses for both fixed and mobile spectrum, enabling it to become a major UK wireless service provider.
This acquisition complements the recent acquisition of UK Broadband Limited, an established UK wireless solutions provider and distributor with an established public sector, private sector and reseller customer base. Together, the two acquisitions allow new wireless products to be brought to the UK market in a timely manner to meet the burgeoning growth of wireless data being experienced in the UK with the emergence of various data hungry end-user devices. Additionally UK Broadband will be able to address the fast growing demand for wireless service solutions in both the public and private sectors that require the delivery of many more services at the lower cost point that only wireless solutions can deliver.
Following these acquisitions, the UK Broadband group (UKBG) now offers equipment and wireless services to the telecommunications industry, service providers, channel partners and the public sector in the U.K. UKBG will offer a range of 4G, Wi-Fi, wireless ethernet and fixed high-speed wireless link services, as well as wholesale wireless data capacity.
Outside of rural areas, UKBG’S wireless services will be focused on supplying wireless broadband and data solutions to the public sector and business both directly and through wholesaling data capacity. In rural areas UKBG already supports, through Resellers, broadband solutions that meet or exceed the government’s 2Mps Universal Service Commitment aspirations for “not spots” and places where broadband at an acceptable speed is currently unobtainable.
UKBG will now develop a number of wireless products for market deployment, with further details to be announced in due course.
Post date: 30th Jun 10
