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the UK marketplace for company sales

Wireless broadband

Reference
S12207
Turnover
£1m to £2m
Sector(s)
Distribution, freight & logistics
Region(s)
North West England
Added
18 December 2024

Business description

Offering for sale the business and assets of a dynamic fixed wireless broadband provider (the "Company"), delivering reliable, high-speed internet connectivity to underserved areas in the North West of England. Through its innovative operating model and proven market demand, the Company has established itself as a critical player in addressing the digital divide, offering significant growth opportunities for an acquirer.
 

Highlights

  • Innovative Technology Solutions: The Company exploits advanced fixed wireless technology to provide scalable, high-speed broadband services. Its unique operating model allows for cost-effective delivery, making it a strong alternative to traditional infrastructure-dependent providers.
  • Established Market Presence: With operations across multiple UK regions, the Company has showed its ability to acquire and retain customers. Recent financial performance highlights growth in Average Revenue Per User (ARPU), reduced churn, and consistent customer acquisition rates.
  • Demand-Driven Business Model: Positioned to meet rising demand for affordable, reliable broadband in underserved markets, the Company's network has the potential to scale significantly with additional funding.
  • Strong Customer Relationships: The Company serves a growing customer base, comprising thousands of residential and commercial clients, supported by effective sales strategies and a focus on delivering quality service.
  • Operational Systems: Established processes for customer acquisition, support, and network maintenance.
  • Financial Performance: Recorded revenue of c. £427k in October 2024, exceeding budget expectations by 14%, supported by strong ARPU growth and effective customer retention strategies.

Opportunities

  • Extensive Network Infrastructure: A partially deployed, fixed wireless broadband network designed to deliver high-speed connectivity across multiple UK regions, with significant potential for expansion and monetisation.
  • Tangible Assets: Including c. £27m of stock at cost, including network installation equipment such as a large quantity of radio access equipment, street poles, telegraph poles, radios and cabinets, and c. 5k installed poles and c. 250 masts. 
  • Leasehold Properties: An office, yard, various parcels of land (some of which house equipment integral to the operation of the network) and wayleaves permitting access to equipment. 
  • Intellectual Property: The Company exploits proprietary fixed wireless technology and innovative software, offering reliable, cost-effective broadband solutions. 
  • Customer Contracts: A growing base of residential and commercial customers generating recurring revenue, supported by proven acquisition strategies and robust retention performance. 
  • Operational Systems: Established processes for network operations, customer service, and backhaul management, enabling efficient delivery and scalability of services.
  • Brand and Market Presence: A recognised market presence with strong local engagement, underpinned by a reputation for delivering quality service in underserved regions. 
  • Growth Pipeline: Significant opportunity to complete and commercialise partially developed network assets, particularly in high-demand regions such as Greater Manchester.

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