News Articles

Thursday, June 17, 2010

Daisy Group sells its UK WiMAX business

Daisy Group has taken a break from buying UK telecoms businesses – most recently Fone Logistics – to sell its Freedom4 WiMAX business for £12.5 million.

Freedom4, which was formerly known as Pipex, had a 3.6GHz WiMAX licence for the UK. Rival WiMAX service provider UK Broadband, owned by Hong Kong-based PCCW, has now bought the spectrum.

Daisy said the WiMAX licence sale would save it £800,000 per year, while closing Freedom4 would save an additional £1 million annually.

[Sources: Telecoms.com; Cellular-News.com]

Print
Author: The Fonecast
0 Comments
Rate this article:
No rating

Categories: NewsNumber of views: 417

Tags:

Leave a comment

Name:
Email:
Comment:
CAPTCHA image
Enter the code shown above in the box below.
Add comment

Name:
Email:
Subject:
Message:
x

Follow thefonecast.com

Twitter @TheFonecast RSS podcast feed
Find us on Facebook Subscribe free via iTunes

Archive Calendar

«March 2017»
MonTueWedThuFriSatSun
272812345
6789101112
13141516171819
20212223242526
272829303112
3456789

Archive

Terms Of Use | Privacy Statement