Digiweb completes successful investment round

Digiweb completes successful investment round €14.5 million new investment completed in Digiweb Digiweb pursuing expansion through organic growth, channel partnership and acquisition Currently completing 2012 recruitment programme of 25 new positions Digiweb, Ireland’s largest independent telecommunications company has announced the successful completion of a €14.5 million round of investment into the company. Group CEO & Founder Colm Piercy said “this investment builds on a successful year to date as we continue to grow our market share as a one-stop business services provider, launch and rapidly grow our wholesale services division, and are now positioned for expansion in Ireland and Europe, while further reducing overall debt. The €14.5 million package combines new equity investment and new bank lending and is a strong endorsement of our leading position and profitability in our markets.” On foot of the investment, Digiweb debt reduces to €5.7 million, against projected Revenues and EBITDA of circa €40 million and €8 million respectively, positioning Digiweb as a flexible business services provider ready to avail of opportunities as they arise in Ireland and abroad. Colm Piercy said “we look forward to working with Brian Kelly and his Quay Ventures team following their investment in Digiweb. Brian is an experienced technology investor and in welcoming him as Chairman of our Board of Directors I know he will add significantly to our leadership team.” Speaking about the investment, Brian Kelly of Quay Ventures said “Digiweb are an exciting organisation to work with and to invest in. While we are investing in a Group with a great track record and strong balance sheet, more importantly we are investing in a company...

Government rates Digiweb top of the Class (again)

Digiweb, Ireland’s largest independent Irish-owned telecommunications company has come out top of the class in the recent Schools Broadband Access Program tender. Colm Piercy, Digiweb Group CEO has welcomed the awarding of the largest contract under the program that will see Digiweb connect several thousand schools across Ireland to its high speed internet network. “Using Digiweb’s high speed metro broadband, DSL and satellite broadband services, we’ll connect over 50% of all Irish schools to the Internet every day – that’s about 300,000 students or about 2,000 schools. Digiweb was involved in a competitive tender with at least 15 other broadband providers who all made detailed submissions to the Department of Education & Skills and I’m thrilled that once again the Government has rated Digiweb top of the class. Our network will provide schools and students with high speed internet access quickly and safely, and provide incredible opportunities for teachers and students alike, to avail of the most recent advances in technology in the classroom” It’s understood approximately 10 other companies will share the other schools between them. According to Colm Piercy Digiweb Group CEO, “winning national connectivity contracts such as this is an endorsement of the quality of our services and our investment in building independent next generation infrastructure nationally.” School Broadband Provider of Choice since 2005 “Digiweb have been the leading provider of high speed broadband to Irish primary and secondary schools since 2005 and is delighted to continue to play a crucial role in helping to deliver key government objectives in the education sector through the use of ICT. One of the central planks of government policy...

Digiweb agrees exciting partnership with CoderDojo

Digiweb, Ireland’s largest independent Irish-owned telecommunications company has today announced details of an exciting new partnership with CoderDojo, the movement running free not-for-profit coding clubs for young people to learn how to code, develop websites, apps, programs, games and more. According to Colm Piercy Digiweb Group CEO, “to celebrate the first birthday of CoderDojo, the Digiweb Group has partnered with CoderDojo to create a special birthday gift to CoderDojo and the members of CoderDojo. Digiweb will now offer a free web domain, free web hosting and free cloud infrastructure for each member of CoderDojo in Ireland and the United Kingdom. The free web domain and web hosting, added to the free cloud infrastructure, will allow young CoderDojo members bring their skills to a whole new level. Many of them are learning key web and coding skills that will equip them with the talent to build their own website and enhance their online presence. Already we have seen some incredible successes from members of CoderDojo who have received national and international recognition for the development work they are doing. With this gift from Digiweb, we believe that more and more will be able to demonstrate their skills to a wider audience. Thousands of members of CoderDojo are learning valuable skills in a cool environment and the number of CoderDojo members is growing each week as new Dojos open up all over the world. From its birth in Cork one year ago, I’ve watched the growth of CoderDojo with amazement and I predict that the thousands of the young people in CoderDojo will be the leaders of our technology industry in...

Broadband now running 3X faster

Today, an extra 500,000 homes and businesses across Ireland can access next generation 30Mb broadband following the launch by Digiweb of its new service, Metro Express, which combines 30Mb broadband and phone for 30 euros monthly. Metro Express does not require a traditional landline and includes a full phone bundle including free calls and 30Mb broadband. Unlike traditional landline DSL or mobile broadband which can run slower than advertised depending on distance, Metro Express overcomes these challenges giving a full speed service regardless of distance. With shorter latency than DSL or Mobile it is also perfect for gaming on Xbox / PS3, streaming content from Netflix / RTE, or handling your real-time transactions in the cloud. “Our high speed Metro Express 30Mb service will significantly improve the customer experience for internet users across Ireland with faster downloads and lower prices for consumers, and enable better, faster services and new technology opportunities for Irish business,” said Colm Piercy, CEO, Digiweb Group. Digiweb’s commitment to delivering innovative products to meet customers expanding requirements is evidenced in the quality of the network and the broadband service delivered. The Metro Express product is available at 30Mb in many areas which can only receive 1Mb from traditional DSL service providers, delivering much needed bandwidth to both business and residential customers who have been starved of decent services before this innovation. Indeed, in many locations further out from town centres the Metro Express service will be the only broadband service which can reach out to connect the customer’s premises. “As a wholly Irish owned business we are proud to continue leading the charge in delivering...

Digiweb elevates programme to support job seekers

Digiweb, Ireland’s largest Irish-owned independent telecommunications company, is delighted to announce its participation in the WebElevate programme through the Higher Education Authority’s Springboard initiative, aiming to reskill 140 job seekers for the tech sector. With Ireland facing a digital skills shortage, the new industry-linked digital media programme, WebElevate, aims to help plug the digital skills gap while supporting job seekers to forge new careers in Ireland’s booming Irish technology sector. Launched by Digital Skills Academy in partnership with Dublin Institute of Technology (DIT), WebElevate, a level 8 (honours-degree level) programme, is focused on providing job-seekers with skills for employment in Digital Media, in areas such as Mobile Application Development, Web Commerce, Global Digital Marketing and Web Video production. Alan Millett, Managing Director of Digiweb said “Digiweb are delighted to participate in this fine initiative by the Digital Skills Academy. Job seekers will get the opportunity to work on real-life industry projects while part for the programme which has benefits for both the job seeker and the companies involved.” “We are delighted to be in a position to offer a second WebElevate programme, almost doubling the places on offer for participants,” said Paul Dunne, CEO of Digital Skills Academy. “It also means we can increase our intake of industry partners and thus increase the number of employment opportunities for our participants. “WebElevate has attracted high-calibre companies, with interesting and innovative projects being developed through the programme. It’s a huge opportunity for the participants to be involved in the development process of so many cutting-edge projects,” he said. The next WebElevate programme will begin in April 2012 with 140 places on...