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".

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..

By my reckoning 350m would be 15p per share or about a 13% permuim to Friday's closing price.

Flying this morning!

Patience is a virtue. In at 6 some time ago now.

zscrooge - call that patience? I've been in since this was GX Networks. First bought in in July 2003!

when will we hear from pipex they always keep thigs to the last minute before putting it on rns

LOL

If BT only put a bid in for 350m, they are probably stuck on the phone, with other companys wanting to counter bid.
PXC to cheap at 350 million (15.847p per share).

Z Group's Onspeed in revenue sharing deal with Pipex from fast broadband
service

LONDON (AFX) - Onspeed, a unit of Z Group PLC that makes software for
speeding up internet connections, said it has signed a revenue sharing deal with
internet service provider Pipex Communications PLC to provide broadband to
Onspeed customers.
"Onspeed customers can now be offered Pipex broadband coupled with Onspeed
Version 5 to maximise their internet speeds even further," by up to five times,
Onspeed said in statement.
Onspeed said it will start marketing the Pipex broadband service to its
customers from this month.
newsdesk@afxnews.com
ks/cw

so much happening with PXC and not 1 post all day.

anyone out their using voip

The Times February 10, 2006


BT in move for WiMax licence deal with Pipex
By Elizabeth Judge



BT HAS held talks with Pipex, the internet service provider, over plans to exploit WiMax, the super-fast wireless broadband technology, it emerged yesterday as the telecoms group played down the threat of local loop unbundling.
BT is understood to have discussed the possibility of acquiring Pipexs WiMax licence one of only two UK licences to operate WiMax services nationally as part of plans to stave off the threat to its traditional business. However, Pipex is thought to be keen to hold on to the licence.



BT declined to comment on the talks. It said that acquisitions were not the only route to a wider involvement with WiMax and stressed that it was also considering bidding next year in a planned auction of 2.5 gigahertz spectrum, which could enable it to run services.

Ben Verwaayen, chief executive of BT, said: I dont think you, per se, need an acquisition to get into that space. But it is a very important possible technology going forward. If that (auction) will be technologically neutral it will be interesting for us to look at it, and we will look at it seriously.

BT could use WiMax in new applications such as Fusion, its converged mobile and fixed-line phone.

Yesterday BT produced third-quarter results to December 31 that beat analysts expectations, with pre-tax profit up 2 per cent on the same quarter the previous year to 568 million on sales up 3 per cent.

However, BT shares closed down 3p at 209p as investors showed concern over the future of the group, which is fighting fierce competition from local loop unbundling (LLU).

The process, in which rivals put their own kit into BTs exchanges to offer cheaper broadband services, is set to take off, with up to three million unbundled lines expected this year.

Mr Verwaayen played down the threat: LLU has a margin impact, but so does every other regulatory intervention.

jimward yes only over the 2 weeks its great IMO spoke this morning to Finland its as if they were in the next room.....had the odd blip with qualitity but perhaps no more then when your land line calls goes via satelite.

Very impressed & will carry on using it.......

BTW its the Skype service...

When new wimax licences go up for auction next year.
How much will they go for?

If 3g licences are anything to go by, it will be a lot more than 350 million.
So buying PXC could be a much less expensive option.
Any ideas anyone.