06/08/2007

NOW up for sale

NOW the UK Wireless broadband operator from PCCW is up for sale. PCCW paid $14m for regional licenses which they are trying to convert to a single UK license (and to allow mobile use, which the licenses currently prohibit).

NOW have only 14,000 customers but losses of £23.3m. UK infrastructure is still expensive and providing a national network is unecomic unless there's huge scale involved or the company has a national network already.

Pipex was recently sold to Tiscali, though Pipex Wireless was excluded from the sale.

Both Pipex Wireless and NOW will compete for the same bidders.

BT has expressed an interested in the 2.5GHz spectrum, they may well make an offer for Pipex Wireless or NOW to gain their licenses.
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