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Bigblu partners with Kacific to enter the New Zealand broadband market
3500 satellite broadband customers targeted with break even expected in around 20 months Credit: Dreamstime
UK-based Bigblu Broadband has inked an exclusive partner agreement with Asia Pacific satellite broadband operator Kacific Broadband to deliver services across New Zealand.
Wholesaler Kacific will provide internet bandwidth via its Kacific-1 satellite, which was launched in December 2019, and will provide financial support including investment in customer terminals and marketing.
In return, rural broadband specialist Bigblu will provide all sales, marketing and end user support functions including billing and the installation of equipment.
Bigblu Broadband plc (AIM: BBB), is a leading provider of alternative super-fast and ultra-fast broadband solutions throughout Australia, the Nordics and parts of the UK. BBB delivers a portfolio of super-fast wireless broadband products for consumers and businesses unserved or underserved by fibre. The Group has a significant target market with 3m customers in the territories we operate in with speeds of under 4 Mbps. High levels of recurring revenue, increasing economies of scale and Government stimulation of the alternative broadband market in the countries we operate in provide a solid foundation for strong organic growth as demand for alternative super-fast broadband services increases in the territories we operate in.
19 January 2021 | 14:10pm
StockMarketWire.com - Bigblu Broadband said its subsidiary Quickline Communications has joined CityFibre s full fibre networks to deliver home broadband services in four locations across England.
CityFibre is the UK s third national digital infrastructure platform and is currently engaged in a £4 billion investment programme.
Quickline s ultrafast full fibre services will be available to homes in Doncaster, Leeds, Huddersfield and Batley and Dewsbury.
Andrew Walwyn, chief executive Officer of Bigblu Broadband, said: ‘We are delighted that this enables Quickline to further expand its gigabit service reach. We have seen the rapid progress made by Quickline in recent months and this provides further validation of its capabilities. We look forward to working closely with CityFibre in further closing the digital divide.’