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".

With PXC's shareprice close to it's bottom, now would be the time for a predator to pounce. Just look at what's been going on:

There are currently 2,181 million PXC shares in issue. David Richards sold 80 million on 29 October representing 3.7% of the equity. UBS bought 14.5 million on the same day increasing their stake to 19.32%. That left 65.5 million shares or 3% of PXC's equity nearly all of which could have been bought by 'another' without disclosing a notifiable interest. UBS could still pick up a further 14 million without breaching that magic 20% figure.

UBS AG
02 November 2004
Date of acquisition ...29 October 2004..........................................
Class of voting shares Number of shares/rights over shares shares acquired, .14,500,000........ shares
...ORDINARY SHARES.


03 November 2004
...following the disposal of his holding of 80 million PIPEX Communications plc ordinary shares on the 29th October 2004, Mr David Rickards no longer holds a notifiable shareholding in the Company.

05 November 2004
UBS AG 2.
Total holding following this notification 421,681,404
Total percentage holding of issued class following this notification 19.32

Big G, thanks for that, considering uping my holdings in this, as the background is positive even if the buyout does look close or the share price has got to be moving upwards on good news shortly. I bet you've heard that before.

watcher

thanks G2 your analysis reaches an attractive conclusion and the L2 at 4 v 1 is strong at close. It all bodes well as we go into the weekend and beyond...

Looking at the (PXC) 5 yr chart, can anyone suggest a reason why the dramatic fall in share price all the way down from 22p - 2p?

Thank you

Pipex to offer voice over net phone service
Tony Glover
December 05, 2004 6:00 PM (GMT)
INTERNET provider Pipex is to launch a voice over internet service for small businesses that could cut phone bills by as much as 75%.

The company has been secretly trialling the technology since the end of the summer and will provide a service that enables companies with as few as 20 staff to route their voice calls across the internet, resulting in huge saving.s An announcement is expected from Pipex on Monday.

Next to rent and wages, the largest overhead for smaller organisations is the cost of phone and internet. Voice over internet enables users to make calls over the internet instead of using a fixed-line network. A source close to Pipex said that the pricing of the service would mean users pay roughly the cost of off-peak calls for those made through the working day - cutting costs by about three-quarter.s

It is expected that Pipex's new service will be tailored to small and medium-sized companies, who do not have the bargaining muscle to persuade network operators to install voice over internet on their behalf, as some larger organisations have done.

News of the Pipex offering will come hard on the heels of last week's announcement by US-based Vonage that it will offer voice over internet to UK consumers from 28 December, as exclusively predicted by The Business earlier this year.

In the case of both offerings, the installation of equipment is straightforward, requiring little more than plugging in a box to connect the phone lines to the computer network. Manufacturer Cimol, a company founded by former Pipex staff, offers business users a box that can also be used to stream voice over internet to cordless phones in the office.

Some City analysts believe voice over internet will start to threaten mobile as well as fixed-line voice revenues as new technologies such as wi-fi and wi-max enable mobile users to make low-cost calls over the internet.

According to a recent report from Westhall Capital, although voice over internet is still perceived as a fixed-line technology, mobile voice over internet is closer than the market appreciate.s "Voice over internet threatens mobile revenues far more than fixed line revenues We estimate that voice over internet will reduce global mobile voice revenues by 75%-80% by 2010."

Here we go - Merry Christmas

And a very good morning to us all

Jumped into PXC this morning, as it was tipped by a friend over the weekend, not really one for tips, as I like doing the research, as anyone who knows me from the PET thread can atest to, but my friends last tip of NBR, jumped more than 50% in a week, lets see if this one can do the same

Welcome onboard Tokyo. Hope you will not be in as long as the rest of us.

RNS Number:0323G
Pipex Communications PLC
06 December 2004

6 December 2004

PIPEX Communications plc

Launch of VoIP to Business Customers

PIPEX Communications plc, the telecoms network operator and provider of business
and residential broadband solutions, announces today the launch of a fully
managed voice product that enables businesses to save money on telephone line
rental and call charges, and to access securely the Internet via the PIPEX
broadband network.

Voice over Internet Protocol ("VoIP") for Business combines a high speed
Internet connection and IP telephony with in-built security and extensive PBX
(Private Branch Exchange) functionality. This enables users to access the
Internet and make telephone calls simultaneously, without losing voice quality
or being exposed to hackers targeting their network.

This service will be promoted to the existing PIPEX business customer base and
allows customers to make intra-office calls free of charge and calls to 01 and
02 numbers for less than 1p per minute. They can also benefit from highly
competitive rates to UK mobiles, non-geographic and international destinations.
Centrally managed PBX functionality provides extensive services such as
destination blocking, three-way conferencing, caller line identify and remote
voicemail functionality. The PBX will be 'network based' hence saving customers
the cost, plus maintenance charges currently experienced by many businesses.

Mike Read, Chief Executive of PIPEX, commented,

"PIPEX sees VoIP as an important offering to our SME customer base and a natural
evolution of the voice business. PIPEX will now be able to provide a bundled
broadband, security and voice product at very competitive prices. This product
is perfect for the SME market because it reduces the capital expenditure for the
customer and the monthly operating costs for voice calls, as well as providing
additional functionality. It is our intention to follow today's announcement
with the launch of a bundled voice and broadband service to the residential
market early next year."

Peter Dubens, Chairman of PIPEX, added,

"PIPEX has achieved strong organic growth through 2004, especially within
broadband, shared hosting and domain name registration. The launch of VoIP is
consistent with our strategy to sell multiple products to our customer base,
which has now exceeded 400,000 customers from just under 150,000 at the
beginning of 2004. To this end we also continue to explore the opportunities
for a wireless broadband offering using our national 3.6 - 4.2Ghz wireless
spectrum. Like many others we are following with interest the growing number of
successful examples of wireless broadband deployment outside the UK, such as
those in Australia."

-Ends-


For further information:
PIPEX Communications plc Tel: +44 (0) 20 7766 6909
Peter Dubens, Chairman

Financial Dynamics Tel: +44 (0) 20 7831 3113
Edward Bridges
Juliet Clarke
Ben Way




This information is provided by RNS
The company news service from the London Stock Exchange
END

thanks Troys - the above RNS is not showing on my stockwatch where did you find it grevis2?

A nice increase in customer the base over 400,000 now . up a 1/3 rd since last time. It can only be good news from now on !!!

still can not see the above RNS on moneyam or anywhere else

Tokyo:
It is showing on ADVFN.
The RNS was issued at 7.01AM:

06/12/04 07:01 UKREG Launch of VoIP

thanks grevis2 - just seen it, a little strange that moneyam are not showing it, is there another problem with the news icon?

Tokyo: Can't understand that as they have picked it up on 'Monday's Leaders & Laggards'

MonAM

Pipex Communications added 8.3% to 8.125p after announcing the launch of their Voice Over IP service.

Anybody know who the 'suppliers' of raw material are?

Cheers

I still don't know wether to stick with this one or sell. As I've got my money back very tempted to go else where.

MS

from the Daily Express

Pipex takes on BT in Net-calls price war
07 December 2004

BROADBAND firm Pipex Communications yesterday said it was gearing up for an Internet-call price war with BT in the new y ear. .

The fast-growing company, which has more than 400,000 broadband customers, yesterday launched a cut-price voiceover-Internet service for small businesses and said it would be offering a similar service for households "early next year".

Calls on the Internet are far cheaper than those made over the traditional wires controlled by BT.

BT already offers calls on the Net but customers must plug a BT Communicator device into their PC and pay the full BT rate if they call someone on a normal phone. Calls are free only between PCs.

Pipex will offer much cheaper prices than BT and will launch in the UK around the same time as US rival Vonage, which has aggressive expansion plans for the UK.

Customers must have broadband connections to make reasonable quality Internet calls but with the number of UK broadband homes soaring above 5million, Pipex and Vonage believe there is now a big enough market to go for.

This is good news. I would like the share price to reflect this !!!