Tipped by the independent 2/01/2004

........."And so to our traditional "wild card". Pipex Communications, formerly known as GX Networks, is a telecoms company created by one of the entrepreneurs behind Ukbetting, Peter Dubens. It has been assembled from six smaller players. The ambitious company is generating cash for the first time but is still not widely followed in the City. It could be an undiscovered gem".

FT TODAY

Headline : 'Hermes starts to take Aim stakes'
Quote : 'It is also understood to have taken a stake in Pipex, a telecommunications network operator, and is in the process of buying into a third Aim-listed company.'

HER?

http://www.ispreview.co.uk/cgi-bin/news/viewnews.cgi?id=EpZZZEuFyVMtXXOXyz

News - February 25, 2004
Pipex Delivers Wireless To gedas

By: MarkJ @ 1:06 PM - Comments () - SendNews HERE / PrintNews HEREUK ISP Pipex is providing gedas (systems integrator) with two (4Mbps and 6Mbps) broadband wireless connections to supply four of its service divisions:

gedas goes wireless with PIPEX Communications

Leading systems integrator gedas united kingdom limited is operating and benefiting from fast, reliable and accessible Internet access provided by PIPEX Communications. A member of the Volkswagen Group, gedas selected PIPEX Communications to provide Wireless Access Internet Connectivity services.

PIPEX Communications, the telecom network operator and provider of business broadband solutions, is providing gedas with two high-speed broadband (microwave) connections to supply four of its service divisions. The first 4Mb connection enables staff at Volkswagens Milton Keynes based headquarters and 850 of its dealer network franchises to access their individual email accounts and browse the web via the corporate partner network.

The second 6Mb connection provides gedas headquarters with email and web browsing services and allows staff to access online training courses and multimedia content. The availability and performance of each divisions Internet connection is independently guaranteed and backed-up with a leased line connection.

Clare Stocker, Systems and Infrastructure Manager, gedas united kingdom, comments, As a Group, we do so much with the wireless connection, from sending e-mails, to on-line company training to watching video streaming and video multimedia content on the Internet. It has really helped our business to grow.

A recent example of how the connection has helped the Group was when the company launched the new Audi A8. The ceremony was held in Germany, but by using the video streaming facility, franchises in the UK were able to watch the launch live over the Internet.

To take advantage of Wireless Access, gedas needed to be situated in direct line of sight and within a radius of 15km of one of PIPEX Communications radio PoPs (Point of Presence) - an access point to the Internet. A discreet dish can be installed quickly and easily at the premises. If a line of sight is not available, PIPEX Communications can set up a mini PoP relay.

Because PIPEX Communications independently owns and manages its own national network, Wireless Access is able to provide a dedicated wireless Internet connection ensuring exceptional service quality.

http://search.ft.com/search/article.html?id=040225001099&query=Pipex&vsc_appId=totalSearch&state=Form

UK set to be Euro top dog for broadband
By Tim Richardson
Posted: 26/02/2004 at 14:17 GMT

The UK is set to become top dog for high-speed Net access in Europe, finally ridding itself of the broadband laggard tag.

Part of the UK's predicted success is due to the availability of cable services, although DSL is expected to be the dominant broadband technology.

That's according to media-focused research outfit Screen Digest, which reckons that the number of broadband households in the UK will, after a slow start, rise sharply throughout the next five years.

By year-end 2008, 12.7 million - half of UK households - will have broadband connections. Of those, it 4.1 million households will be hooked up to broadband services via cable. The rest (8.5 million) will have DSL broadband connections by 2008.

Said Screen Digest's broadband specialist Arash Amel: "The UK, unlike other European territories, has a well developed digital cable network and the rollout of broadband access has been a key component of the two cable operators' strategies.

"The emergence of alternative network offerings in the UK has increased competition in the market and will drive broadband growth more quickly than in other European markets."

Come 2008 the UK is tipped to be the biggest broadband nation in Europe with 12.7m lines, followed by Germany (12.6m) and France (10.8m).

Is it only a couple of years ago that an OECD report found that the UK was rooted firmly to the bottom of an international league table of broadband countries?

Pipex Communications PLC
12 March 2004

SCHEDULE 10



NOTIFICATION OF MAJOR INTERESTS IN SHARES




1. Name of company

Pipex Communications plc

2. Name of shareholder having a major interest

Aviva plc ( and a subsidiary Morley Fund Management Limited)

3. Please state whether notification indicates that it is in respect of holding of the shareholder named in
2 above or in respect of a non-beneficial interest or in the case of an individual holder if it is a
holding of that person's spouse or children under the age of 18.

As above

4. Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them

BNY Norwich Union Nominees Limited 3,634,200 shares

Chase GA Group Nominees Limited 36,662,600

CUIM Nominees Limited 16,103,200

5. Number of shares/amount of stock acquired

5,531,000

6. Percentage of issued class

Not stated

7. Number of shares/amount of stock disposed

N/A

8. Percentage of issued class

N/A

9. Class of security

Ordinary 1p shares

10. Date of transaction

10 March 2004

11. Date company informed

11 March 2004

12. Total holding following this notification

56,400,000

13. Total percentage holding of issued class following this notification

3.14%

14. Any additional information



15. Name of contact and telephone number for queries

Stewart Porter 020 8957 1317

16. Name and signature of authorised company official responsible for making this notification.

Stewart Porter, Finance Director

Date of notification: 12 March 2004

cheers GF,

Good news, a vote of confidence in PXC and hopefully will get the share price moving up again.

Broadband MOT - Mar 2004
"Eclipse Internet and Nildram have consistently traded places at the top of the speed league table at www.adslguide.org.uk during the latter half of 2003.
'Sebastian Lahtinen, co-founder of ADSLguide.org.uk, has his own particular commendation. "There are always market leaders in terms of ISPs trying to push the boundaries of speed, price and service," he says. "I would say Pipex has probably been the leader thus far on a retail level". (Taken from Broadband World)

Why is there so much selling ?

IMHO. Maybe peeps taking profits in the run up to fin. yr end. ? then will see SP move up ?

the companies got potential, but the potential goin the wrong direction for shareholders.. how come price is droppin as results r coming out..

are we expecting bad news at the end of the month ?

i hav no idea, what do u reckon.. the last three weeks has shown a decline in the share price from 12.5 to 9.75.. if the results were going to be so good, u wont expect this must decline leadin to the results.. its just my opinion!!!

someone must know whats going on. there's was so much positive talk, then nothing.
I will ride it out as i believe the company is in good shape in the long term.

yes, its hard to know what to do. I hold quite a few shares in Pipex and cant believe the share price is so low right now. methinks we just have to sit it out!

In my opinion we are seeing a combination of the general market weakness and a bit of shaking going on by the MMs.

Doug

I tend to agree with you dclinton, its seems that MM's are running around like headless chickens out of a raft of negative global & national polital woes spurned on by terrorism atrocities. Look at what happened to the stock market after 9/11 and now Madrid albeit with not so sharp a drop but never the less the desired effect and a great opportunity for Bin Laden's entire Al Qaeda network to guarantee profit from shorting. Question is will the MM's hold steadfast in support of the strength in PXC and UK market or wobble on the weakness of US ecconomy

Some people also switching into HER I believe.

Keep calm.

Norwich Union bought a big wedge in March.

End of financial year tidying and terrorism causing blip.

Fundamentals are sound.

PXC buyin HER probably just a rumour to buoy HER price.

I see things are changing for the better this morning. on the up

Strong gain today and HER should also benefit.