Bigblu Teams With Eurobroadband To Launch Superfast Broadband Services

LONDON (Alliance News) - Bigblu Broadband PLC on Thursday said it has been selected as a ...

Alliance News 6 December, 2018 | 2:41PM
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LONDON (Alliance News) - Bigblu Broadband PLC on Thursday said it has been selected as a preferred partner by Eurobroadband Infrastructure, which is launching a market leading superfast satellite broadband service to consumers and businesses across Europe.

Under this commercial arrangement, Eurobroadband will provide satellite network capacity, as well as assist with subscriber premises equipment, installation and marketing to support the Konnect brand.

In turn, Bigblu will promote and sell satellite broadband services while managing all activities related to subscriber management including installation, billing and support.

"We are delighted to be selected as preferred partner by Eurobroadband to offer a truly next generation satellite broadband offering in Europe, which is an amazing foundation for the growth of Bigblu," said Bigblu Chief Executive Andrew Walwyn.

"By working closely with our partners, we will be able to further demonstrate our industry leadership across Europe, underpinning our belief that we will deliver strong organic growth next year and beyond," added Walwyn.

The stock was trading 2.6% higher on Thursday at 100.00 pence a share.

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2018 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article
Security Name Price Change (%) Morningstar
Rating
Bigblu Broadband PLC 99.80 GBX 1.32 -
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