Bigblu Broadband Explained

Bigblu Broadband plc
Type:Public Company
Key People:Frank Waters (CEO)
Location:Bicester, England, UK
Areas Served:--> Worldwide
Industry:Telecommunications
Products:Satellite, wireless and 4G Broadband
Num Employees:270 (2019)

Bigblu Broadband, formerly Satellite Solutions Worldwide Group plc, is a UK-based provider of broadband services to rural homes and businesses across Europe.

History

Bigblu was founded in November 2008 by Andrew Walwyn, Simon Clifton, Selwyn Petterson, and Tom Wheeler as Satellite Solutions Worldwide Group.[1] [2] [3] The company offers satellite internet and superfast broadband to rural homes and businesses in 10 countries across Europe, including the UK.[4]

Initially, the company focused on satellite broadband, becoming one of the largest satellite broadband ISPs worldwide. It later diversified and began offering alternative broadband using both satellite and ultra-fast fixed wireless. The business was listed on the London Stock Exchange (LSE) AIM market in May 2015. At this time it had approximately 10,000 customers, which has since grown through a mixture of organic and inorganic growth (through acquisitions) to approximately 120,000 customers. In 2018 it had revenues of £55 million (up 8%), but recorded a pre-tax loss of £9.5 million.[5]

The company has partnerships with Eutelsat and NBN SkyMuster.

Timeline

Products and services

Bigblu Broadband Plc trades as bigblu and offers satellite broadband via the Tooway satellite platform to 120,000 customers across a number of different markets:

Subsidiaries and brands within the BBB Group

BBB has grown through acquisition, acquiring 20 companies across 9 countries. It sold off 11,000 Australian customers it gained from the SkyMesh acquisition to Superloop for A$1.5m (US$1.1m)[12]

Controversy

In 2019 the company apologised for a spate of billing and debt collection problems combined with unresponsive customer service.[13]

Notes and References

  1. News: Satellite Solutions 'has been transformed' says chief Andrew Walwyn. Proactiveinvestors UK. 2017-03-28. en.
  2. News: Satellite Solutions sees 2017 as "massive opportunity" for organic growth and acquisitions. Proactiveinvestors UK. 2017-03-28. en.
  3. News: Eutelsat Broadband RTÉ signs deal with Europasat for Eutelsat Broadband's NewsSpotter satellite news gathering service. 2015-06-11. RealWire. 2017-03-28. en-gb.
  4. News: French satellite firm looks to muscle in on Britain's broadband market . Woods . Ben . The Daily Telegraph . subscription . 13 December 2020 . 13 December 2020.
  5. Web site: UK satellite sector grounded by financial realities . Financial Times . 12 April 2019.
  6. Web site: Shepherd and Wedderburn advises Satellite Solutions on acquisition hat-trick. 2016-08-17. Scottish Legal News. 2017-05-30. 2016-08-18. https://web.archive.org/web/20160818172314/http://www.scottishlegal.com/2016/08/17/shepherd-and-wedderburn-advises-satellite-solutions-on-acquisition-hat-trick/. dead.
  7. Web site: NBN ISP SkyMesh snapped up by UK rural satellite company . IT News . 1 August 2016.
  8. Web site: Satellite groups no longer UK's sleeping giants . Financial Times . 22 June 2018.
  9. Web site: Bigblu Broadband Launch 50Mbps Satellite Broadband for UK Homes . ISPreview . 7 December 2018.
  10. Web site: Quickline Secures £12 million Funding to Rollout Ultrafast Broadband Across The North . BDaily News . 12 August 2019.
  11. Web site: Quickline To Boost Connectivity In Yorkshire . Omnisperience . 20 February 2020.
  12. Web site: Satellite groups no longer UK's sleeping giants . Financial Times . 22 June 2018.
  13. Web site: BigBlu Broadband Blunders In Billing, Debt Collection And Support . ISPreview . 11 June 2019.