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".

Have been holding and topping up on PXC for a very long time but now at last they seem to be delivering, next stop 17p?
Take care out there, 2517

Be carefull
recent article siad fair value if i remember was 9pence
i am about to bail out if it hits 14 good luck,although it was mentioned on bloomberg tv this am and the analyst said it was a BUY!!!

Fair value was 12p over a year ago. Now that PXC will soon be in partnership with one of the big boys that should certainly be revised markedly upwards.


UK poised for a new wireless revolution
By Elizabeth Judge, Telecoms Correspondent


A NEW broadband technology that promises to revolutionise mobile access to the internet is set to make its debut in Britain after the agreement of a worldwide standard, The Times has learnt.
WiMax, a wireless technology that promoters say promises faster speed and better quality internet access on the move, is being prepared for commercial use by Pipex, a British broadband company.



Pipex, run by Mike Read, formerly of BT, will announce today that it is to start consumer trials of the technology in Stratford-upon-Avon, in the next few months.

Industry sources say that it could be available to UK consumers as early as next year making the UK one of the first countries to offer the new service on a national level.

The roll-out of the service, which Pipex is expected to offer in partnership with a big telecoms company, will threaten the mobile operators such as O2 and Vodafone who have already begun work on the next generation of internet access for mobile phones 3.5G.

Phones with WiMax chips will be able to bypass the phone networks, potentially threatening their revenues.

At present business people on the move can link wirelessly to the internet through a technology called wi-fi. However the technologys range is restricted to access points known as hotspots, usually placed in caf and airports.

In contrast WiMax, which has been dubbed wi-fi with fries, operates over a much wider range potentially several kilometres. WiMax should also provide faster speeds than wi-fi up to eight megabits per second.

Pipex is one of only two official UK licence holders for a national WiMax service. The other is PCCW, a Hong Kong-based player which operates in the UK.

Though other players, including BT, are experimenting with the service, they are forced to do so through unlicensed means, or so-called light licences, which do not offer the same consistency of service and face potential interference. Although a new batch of WiMax-suitable spectrum is set to be auctioned by Ofcom, the regulator, it is unlikely to take place before next year.

Though WiMax has been eagerly talked about for many years, companies such as Pipex have been unable to promote the technology because an agreed standard was yet to be determined. This standard would be used by kit makers such as mobile phone and computer manufacturers.

But after the agreement on a mobile WiMax standard, giants such as Intel, which has thrown its weight behind the technology, are moving quickly to install WiMax-compatible chips into computers and mobile phones.

Other countries are also seeking to promote WiMax. Arcep, the French telecoms regulator, has received 45 applications for WiMax licences under an auction that will be concluded in October. Candidates include local authorities which have applied for regional licences. Niall Murphy, chief technology officer of The Cloud, a wi-fi player that expects to move into WiMax, said: This is another step in the evolution of the mobile internet.

HOW WIMAX WORKS

A WiMax base station, similar to a mobile-phone tower, is connected to the core national network and sends out a radio signal
The signal is picked up by a receiver, either a small box or modem or a chip built into a laptop or phone
The base stations, which in Pipexs technical trials have been provided by Airspan Networks, cost about 100,000 to build. However, as the technology advances costs of building a wireless network are expected to decrease
Analysts, and even the companies pushing WiMax, admit that it is a highly complicated technology that is fraught with pitfalls building out a network involves complicated planning and typography

Took some time but now we can appreciate why patience is a virtue.

"WiMax should also provide faster speeds than wi-fi up to eight megabits per second"

This is incorrect. Wi-fi comes in two speeds - 11Mb/s and 56Mb/s so bother versions are faster than the 8Mb/s quoted for WiMax here. What is true is that Mb/s is much faster than the 384k/s provided by 3G.

"building out a network involves complicated planning and typography" - think they may mean 'topography' unless the're worried about the typefaces on the marketing literature.

Very happy to see the exposure for Pipex but are Times articles always this sloppy?

Doug

Sloppy or not PXC will continue to rise over the next 3 months... Also, there's more talk/speculation that BskyB will make a bid...this is nothing new but is getting more frequent... SP 20p+ in 3months (imho)

THIS FROM ANOTHER BB THIS MORNING...PXC looking good..
Business section of the Sunday Telegraph
Market miscellany
Edited by Edward Simpkins
(Filed: 15/01/2006)

Pipex

Pipex is one of the last independent internet service providers in the UK. It is valued by investors for its solid core business providing broadband internet, network services and website hosting for consumers and small companies.

The shares (13p) trade at a price to earnings ratio of more than 21, which makes them more expensive than the sector average. However, Pipex is well placed to benefit from the rapid growth in take-up of broadband and the company is only one of two in the UK with a WiMax licence, a wireless internet technology seen as the natural successor to WiFi.

Pipex's licence, according to Merrill Lynch, "could have significant upside". The company is a potential takeover target and we believe the shares have further to run. Buy.

Does anyone know if buy on the trades sheet means actully buys cause there is a lot buys but price seems to go down rather then up when there is so much demand

It's just a computer guess - not reliable. Take care. And it doesn't account for trades made elsewhere eg Virt-X

Up again ,what might they achieve long term or short term.Takeover before Easter?

Cool! looking like 20p+ by Easter...that'll do me nicely..x 2.5 bagger.

where does this go now they had too many shares in issue as it was and last accounts they had 11m pounds cash what happend tp all that cash

s'pose it depends what they do with it... can only be good I would've thought

Got this from another BB....

Featured in today's Shares Mag page 19:

The One-Hit Wonder Stakes. The Shares team focuses on a field of 10 all of them companies that have staked their future on one big bet. Fortune or flop? It could go either way, but to help we have given our estimate of the odds of
success for each companys one brilliant idea.

...

The company is forecast to become profitable in 2006, with broker
Seymour Pierce anticipating profits of 2 million in 2007. The shares
hit a high of 16.5p this month and look set to rise further in 2006 as
sales increase.

Odds of success: 6/4 (top of the list)

A few paragraphs about the company, background information, nothing particularly interesting.

skyhigh, I think you'll find that article relates to Hardide
2517

Yes, I know... I'm just trying to get Hardide some attention... it's worth buying into and it seems I'm alone on that thread.. :(

WoW!!!
144 million in sells after the bell ?

350M bid for Pipex from BT according to the Sunday Business


http://thebusinessonline.com/SectionStories.aspx?Top%20Stories&SectionID=F3B76EF0-7991-4389-B72E-D07EB5AA1CEE&menu=1

BT mulls 350m bid for Pipex
By Tony Glover
05 February 2006


UK telecoms giant BTs third-quarter results, to be announced this week, are expected to show rising revenues. At the same time it is weighing a 350m-plus (E508m, $626m) bid for internet services provider Pipex.

City of London analysts expect BTs revenues to rise to 4.87bn from 4.58bn in the same quarter a year earlier. For BT Retail and BT Wholesale, sales are expected to have been flat at best.

But earnings at BT Global Services, the groups international business outsourcing arm, are expected to have risen to 2.15bn from 1.84bn. Earnings before interest tax, depreciation and amortisation are expected to have fallen from 1.4bn to 1.36bn, with the difference broadly accounted for by additional leaver costs.

BT is also planning to steal a march on competitors by launching new mobile services over wi-max earlier than expected with an announcement expected this week or at next weeks 3GSM, the mobile phone industrys big annual conference being held in Barcelona.

BT intends to use wi-max, a wide-area version of the short-radius wi-fi technology that BT already offers in hotels, homes and offices, to cover town centres. This dovetails with the launch of new wi-fi enabled mobile phones from manufacturers such as Nokia.

But according to one City source, the flaw in BTs wi-max strategy is the lack of a licence to operate in the wi-max spectrum. Only two companies own wi-max licences in the UK. One is Hong Kong-based PCCW and the other is home-grown internet services provider Pipex.

A source close to BT said it is considering a bid of more than 350m for Pipex to boost its plan to develop wi-max networks in the UK. BT and Pipex refused to comment.

butane

interesting news re BT, should see the price up in the morning by a fair bit i reckon..