Digiweb acquires Belgian company Mondial Telecom’s retail assets in an all cash transaction

Digiweb acquires Belgian company Mondial Telecom’s retail assets in an all cash transaction Digiweb, Ireland’s largest independent telecommunications company has announced the acquisition of the retail assets of Belgian based Internet Service Provider, Mondial Telecom, in an all cash transaction. The acquisition, which was led by Declan Campbell, Digiweb MD of Consumer Operations & Services, further strengthens the Digiweb presence in Belgium. As a result of the transaction, Digiweb will now serve in the region of 25,000 residential and small to medium sized businesses throughout Belgium with the provision of broadband, fixed line and mobile phone services. According to José Zurstrassen CEO of Mondial Telecom, “the sale of the retail activity to Digiweb fitted in with Mondial Telecom’s strategy to become the main service and software provider of VoIP type solutions. With this transfer of activities Mondial Telecom wanted to keep the service running for their existing loyal customers and Digiweb offered this”.  Digiweb, headquartered in Dublin, is a leading Telecoms provider in Ireland, offering residential and SME’s customers a wide range of cost effective broadband and telephony packages. This acquisition supports Digiweb’s strategy to grow revenues both in and outside of Ireland. Founded in Brussels in 1998, Mondial Telecom provides a full range of retail ISP services as well as a convergence solution for voice, text and other types of content to operators all over the world. The last years, Mondial Telecom focus was mainly on the convergence provider business that is now been used by several international operators. Declan Campbell, MD of Consumer Operations & Services said “this acquisition is a great opportunity for Digiweb as it further...

Viatel and Digiweb Join Forces to create Pan European Telecom and IT Services Group

Viatel and Digiweb Join Forces to create Pan European Telecom and IT Services Group Digiweb Group are pleased to announce today that Viatel and VTLWaveNet have joined its group, creating a pan-European full-service telecommunications provider, with operations in United Kingdom, Ireland, France, Germany, the Netherlands, Belgium, Switzerland and Italy. Digiweb, headquartered in Dublin, is a leading ICT and managed solutions provider, offering multi-site MPLS data networks, IP and traditional voice services, cloud computing, and data centre services to its enterprise, wholesale and government clients. Viatel, operating from London, provides critical fibre connectivity, high speed bandwidth and managed services to blue-chip carrier, corporate and government clients across Europe, having invested $1.5bn in constructing Europe’s leading low latency independent carrier fibre and duct network, connecting 34 cities over 8,500km of network. Certain  investors in Viatel including Morgan Stanley & Co. LLC  are rolling their investment in Viatel into Digiweb Group, and investing additional equity, which will fund the introduction of new services to its expanded client base.  The group will continue to seek opportunities for consolidation in the market to deliver differentiated, exceptional service offerings leveraging wholly owned independent infrastructure. Colm Piercy, Group CEO of Digiweb, said “We see a strong opportunity for cross border consolidation in the telecoms sector in Europe in parallel with the explosion in high bandwidth connectivity demand, and this transaction is the first step in positioning our Group to take advantage of those trends.  Digiweb has always had a philosophy of challenging the status quo and we plan on stepping that up following this marriage of Digiweb’s entrepreneurial culture with Viatel’s service and network excellence, and...

Digiweb launch Ireland’s fastest satellite broadband – 20Mb everywhere now

Digiweb Ireland’s largest independent telecommunications company today announced a new range of Tooway™ Satellite Broadband packages delivering the fastest satellite-based consumer broadband speeds in Europe. Designed to offer high speed broadband to everyone today, these next generation satellite services will satisfy even the most demanding Internet users – further closing the digital divide for consumers. The new packages will ensure that Ireland’s digitally deprived properties can instantly access, whatever their location, the benefits of high speed broadband, including applications such as film downloads, heavy file uploads and video chat that are now standard user expectations. The new packages, with prices from €32.95 ex vat, will be available from February 1st and will offer across the board download speeds of 20 Mbps and upload speeds of 6 Mbps, making it the fastest satellite broadband service in Europe. To address growing demand for increased data allowances for video and multimedia services, Digiweb via its agreements with Eutelsat are also introducing a true unlimited data service, called Tooway™ Absolute, this limited package will be available to the first 20,000 customers across Europe. Declan Campbell, Head of Operations, Digiweb, said “this is excellent news for Ireland as so much of our country’s growth is dependent on the digital economy and it is crucial that businesses and indeed homeowners, have access to high quality internet connectivity. With download speeds of 20 Mbps now available through Tooway™, consumers will have the certainty of secure, always-on, high quality broadband”. – ENDS – About Eutelsat Communications (www.eutelsat.com) With capacity commercialised on 30 satellites delivering reach of Europe, the Middle East, Africa, Asia, significant parts of the Americas...

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...