PIPEX Communications
Encyclopedia
Daisy Group plc is a British company that sells Internet
Internet
The Internet is a global system of interconnected computer networks that use the standard Internet protocol suite to serve billions of users worldwide...

 and telecommunications services, including hosting
Internet hosting service
An Internet hosting service is a service that runs Internet servers, allowing organizations and individuals to serve content to the Internet. There are various levels of service and various kinds of services offered....

, broadband
Broadband
The term broadband refers to a telecommunications signal or device of greater bandwidth, in some sense, than another standard or usual signal or device . Different criteria for "broad" have been applied in different contexts and at different times...

 Internet connections, and VOIP.

History

The company traces back to the October 2003 acquisition of Pipex by GX Networks
GX Networks
GX Networks began by offering internet services to corporations. It believed that it had developed the first transatlantic IP backbone running native ATM....

, to create Pipex Communications plc. The following month Firstnet Services changed its name to PIPEX Communications Business Solutions.

Pipex purchased AIM Listed
Alternative Investment Market
AIM is a sub-market of the London Stock Exchange, allowing smaller companies to float shares with a more flexible regulatory system than is applicable to the main market....

 Host Europe plc in April 2004.

Pipex acquired the business communications provider Nildram in August 2004.

In 2005 the company purchased Donhost and freedom2surf.

John Caudwell
John Caudwell
John Caudwell is an English businessman who has made most of his money in the mobile phone business. In 2005, the Sunday Times estimated Caudwell's wealth at £1.28 billion .-Early life:...

 sold Caudwell Communications UK Limited which traded as Homecall in March 2006. Homecall then began trading as Pipex Homecall.

In 2006 Pipex bought Supanetwork for £2.1 million in cash. This was followed by Toucan, and the customer base of Bulldog Broadband 

In March 2007 the company appointed UBS to consider its strategic options, in regards to a possible sale of the company. Tiscali UK announced in July that year that it would purchase the Pipex voice and broadband division for £210 million The sale completed in September. The remaining assets not sold to Tiscali UK were put up for sale at the same time.

The remaining Pipex assets were renamed as Freedom4 Communications plc in March 2008.
Freedom4 bought UK based WiFi roaming services provider BOZII and renamed the service FREEDOM4 WiFi. Freedom4 renamed itself Freedom4 Group in August 2008.

In July 2009 FREEDOM4 bought Daisy Communications (founded in 2001 in Nelson
Nelson, Lancashire
Nelson is a town and civil parish in the Borough of Pendle in Lancashire, England, with a population of 28,998 in 2001. It lies 4 miles north of Burnley on the Leeds and Liverpool Canal....

, Lancashire
Lancashire
Lancashire is a non-metropolitan county of historic origin in the North West of England. It takes its name from the city of Lancaster, and is sometimes known as the County of Lancaster. Although Lancaster is still considered to be the county town, Lancashire County Council is based in Preston...

) in a reverse takeover. The two companies came together with Vialtus to become Daisy Group plc.

In Feb 2010 Daisy Group bought the entire issued share capital of Managed Communications, a provider of data networks, for a potential initial cash consideration of £6.3m.

In Feb 2010 Daisy Group sold the entire issued share capital of FREEDOM4 WiFi, a provider of unified WiFi and 3G services, to the management.

In June 2010 Daisy Group bought the entire issued share capital of murphx Innovative Solutions Limited, a wholesale connectivity and hosting carrier that was voted ISP of the Year in the Comms Business Awards 2009 for an initial cash consideration of £4.8m.

In December 2010 Daisy Group bought controversial NHS GP phone system provider Network Europe Group (NEG)
Network Europe Group
Network Europe Group Ltd is a telecommunications company founded in 1992. It was acquired by Daisy Group in December 2010 for £23.5m.It supplies bespoke telephony solutions for GP’s and Dental Surgeries as well as corporate and government bodies...

 for £23.5m

.

In 2011, Daisy Group acquired O-bit Telecom
O-bit Telecom
O-bit Telecom was founded in 2002 providing telecoms products and services to resellers as an alternate to British Telecom . Based in Buckinghamshire, UK, it has rapidly grown year on year, leading to it's eventual acquisition by Daisy Group plc in 2010...

, which is operating independently under the group.

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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