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Manx Telecom reverts to telegraph poles for fibre broadband, much to residents dismay
2020-11-17 01:00:00| Total Telecom industry news
Fibre broadband is coming to the Isle of Man, just not in the way that many of the residents had hoped. Residents of an estate in Colby are complaining to the Department for Enterprise and operator Manx Telecom after telegraph poles began being erected on a local estate in order to provide fibre broadband to the area&rsquo…read more on TotalTele.com »
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Govt backs Manx Telecom for 10m for Isle of Man broadband
2020-05-20 02:00:00| Total Telecom industry news
Currently, the Isle of Man has only around 25% fibre penetration, but this could be about to change with a new £10 million contract being awarded to Manx Telecom today by the local government. …read more on TotalTele.com »
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Govt backs Manx Telecom 10m for Isle of Man broadband
2020-05-20 02:00:00| Total Telecom industry news
Currently, the Isle of Man has only around 25% fibre penetration, but this could be about to change with a new £10 million contract being awarded to Manx Telecom today by the local government. …read more on TotalTele.com »
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Last week in telecoms: private equity taking out Manx Telecom, 5G and Italy remain hot
2019-03-18 07:00:00| Telecompaper Headlines
(Telecompaper) Manx Telecom may be a small operator, its takeover by Basalt Infrastructure Partners was last week's biggest news. It adds to the growing number of constituents that we may have to drop from our Telecompaper Stock Index European Telecoms as a result of M&A activity. The Manx share ended the week up 15 percent. The TPSI European Telecoms gained 3.2 percent, benefitting mostly from the heavyweights making gains: Deutsche Telekom (+4.0%), Vodafone (+4.9%), Telefonica (+3.0%) and Orange (+4.4%). They currently represent 11.8, 7.1, 6.9 and 6.2 percent of the index, which managed to stay just ahead of the EuroStoxx 50 index (+3.1%).
Manx Telecom to accept 256m take over bid
2019-03-13 01:00:00| Total Telecom industry news
The board of directors of Manx Telecom has announced that it has received a takeover offer from Basalt Infrastructure Partners LLP, valuing the company at £255.9m. The board has subsequently written to its shareholders, advising that they accept the offer. "Since its IPO in 2014…read more on TotalTele.com »