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Share Name Share Symbol Market Type Share ISIN Share Description
Bigblu Broadband Plc LSE:BBB London Ordinary Share GB00BD5JMP10 ORD 15P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -8.50 -7.73% 101.50 100.00 103.00 110.00 101.00 110.00 139,956 16:22:55
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 55.4 -15.2 -25.8 - 58

Bigblu Broadband PLC SkyMesh wins NBN Provider Award

05/08/2020 7:00am

RNS Non-Regulatory


TIDMBBB

Bigblu Broadband PLC

05 August 2020

Bigblu Broadband plc

('BBB' or the 'Company' or the 'Group')

SkyMesh wins NBN Provider Award

SkyMesh Named Best Satellite NBN Provider for Second Year Running

Bigblu Broadband plc (AIM: BBB.L), a leading provider of alternative super-fast broadband services, announces that its Australian subsidiary SkyMesh has been named the Best Satellite NBN Provider at the 2020 WhistleOut Awards.

This is the second year in a row that Bigblu has won this category, highlighting the strength of its offering in Australia.

The WhistleOut Awards recognise and highlight the telco companies that have provided Australians with the best plans and promotions across a broad range of phone and internet categories. The awards help consumers identify providers that have consistently offered the best plans over the past 12 months for particular usage needs

Andrew Walwyn, Chief Executive Officer of Bigblu Broadband, commented: "We are delighted with further recognition of the high-quality service that SkyMesh delivers. I want to congratulate the team on winning such a prestigious award for the second year running and look forward to providing further updates about their successes. Furthermore, SkyMesh continues to dominate the market in Australia, where it has over 40,000 customers and continues to grow rapidly, targeting 10,000 new customers per annum through organic channels, and we remain very excited about its growth potential. "

For further information:

 
 Bigblu Broadband Group PLC                   www.bbb-plc.com 
 Andrew Walwyn, Chief Executive Officer       Via Walbrook PR 
  Frank Waters, Chief Financial Officer 
  Dom Del Mar, Corporate Development 
 finnCap (Nomad and Broker)                   Tel: +44 (0)20 7220 0500 
  Marc Milmo / Simon Hicks / Charlie Beeson 
  (Corporate Finance) 
  Tim Redfern / Richard Chambers / Manasa 
  Patil 
  (ECM) 
 Walbrook PR (PR / IR advisers)               Tel: +44 (0)20 7933 8780 
                                               or 
 Nick Rome/Tom Cooper/Nicholas Johnson        BigbluBroadband@walbrookpr.com 
 

About Bigblu Broadband plc

Bigblu Broadband plc (AIM: BBB), is a leading provider of alternative super-fast broadband solutions throughout Europe and Australia. BBB delivers a portfolio of super-fast wireless broadband products for consumers and businesses unserved or underserved by fibre.

High levels of recurring revenue, increasing economies of scale and Government stimulation of the alternative broadband market in many countries provide a solid foundation for significant organic growth as demand for alternative super-fast broadband services increases around the world.

Acquisitive and organic growth have enabled BBB to grow rapidly since inception in 2008 during which time the Company has completed 21 acquisitions across nine different countries. It is extremely well positioned to continue growing as it targets customers that are trapped in the 'digital divide' with limited fibre broadband options.

BBB's range of solutions includes satellite, next generation fixed wireless and 4G/5G delivering between 30 Mbps and 150 Mbps for consumers, and up to 1 Gbps for businesses. BBB provides customers ongoing services including hardware supply, installation, pre and post-sale support billings and collections, whilst offering appropriate tariffs depending on each end user requirements.

Importantly, as its core technologies evolve, and more affordable capacity is made available, BBB continues to offer ever-increasing speeds and higher data throughputs to satisfy market demands for 'video-on- demand'. Its alternative broadband offerings present a customer experience that is similar to that offered by wired broadband and the connection can be shared in the normal way with PCs, tablets and smart-phones via a normal wired or wireless router.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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August 05, 2020 02:00 ET (06:00 GMT)

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