Pipex sells its assets
September 29, 2007
One of the broadband service providers in the UK has selected a savings bank to vend their remaining assets subsequent to the takeover by their competitor ISP Tiscali.
According to the Independent reports, Pipex has appointed UBS to sell the company after they has marked a beating for the initial six months since the triumph by Tiscali took place. The other Pipex business includes a web hosting unit and a wireless broadband combined endeavour with Intel that is built around the WiMAX standard. It has been noted that Pipex witnessed a loss of more than £8.5 million in the first half 2007.
Peter Dubens, who is the founder and chairman of Pipex, stated that he is on the look out of a single bidder for the hosting businesses but will float the wireless section. Earlier this year Tiscali broadband purchased Pipex for £210 million, adding an estimated 500,000 customers to its market base.
UK user spends more time on the net
September 28, 2007
There has been a tremendous increase in the use of home internet users in the UK when compared to last year. The most recent broadband consumer survey conducted by Point Topic analysed that 86.6% of home internet users spend 6 hours online every week. Only 86% of the people used the net at the end of the year 2006 and it was only 50% at the end of the year 2005.
The up to date study reveals that almost 41% of the people using broadband internet connection spend their time downloading music, while 16% watch TV or video streaming. It is surprising to know that among the high speed internet users, 90% of them use the net to send emails and more than 60% uses auction sites to purchase things.
The most interesting fact is that the UK users, in spite of all these are spending only less money when compared to what they spend during the previous years. Dr Katja Mueller, research director at Point Topic mentioned that the may account for the decline in spending online in the UK. He pointed out that the people of the UK are increasingly using the internet to buy even small items.
Ofcom pierce into fibre broadband discussion
September 28, 2007
One of the leading internet providers in the UK, Ofcom has entered into the debate related to super-fast broadband connectivity. They crossed the threshold to the dispute by launching a consultation paper on the area under discussion.
The consultation period is till December and it will investigate on the different methods to maintain UK broadband services to speed up with the services of other nations. The industry is planning on the idea of installing a nationwide fibre cable network, called Next Generation Access, which will increase download speed and this is to muddle through with the increasing bandwidth requirements.
Ed Richards who is the chief executive of Ofcom stated that the Next Generation Access will surely put forward remarkable opportunities for the UK business and consumers and its impending impact on the economy will be very important. He mentioned that Ofcom wants to make sure that there will be no barriers to investment and will provide a clear environment which will help to persuade on investment.
