FY20 Results and Company Update
Andrew Walwyn and Frank Waters highlight Bigblu Broadband’s results for the year ended 31 December 2020, covering strong progress and financial performance. The Company also discusses the disposal of its majority stake in Quickline, focusing on the significant returns in shareholder value and upside of the remaining operations.
A New Chapter
Andrew Walwyn and Frank Walters discuss the acquisition of bigblu broadband's European satellite broadband activities by Eutelsat Communications in a presentation made in August 2020. Three strong businesses remain with bigblu and this transaction will allow for accelerated investment and growth in these businesses.
2020 AGM - CEO & Finance Director presentation
The Covid pandemic meant that shareholders who might normally attend our AGM were unable to. As a result we gave a brief presentation on the business, focussing on how we had dealt with Covid, the measures that we had taken to protect our staff and the future as we see it online. We then answered various questions that were submitted in a short Q&A session.
2019 Results - Investor Evening Presentation
Our 2019 Annual Results represent a year of focus on the customer, customer offers, retention and customer experience in all our territories. It was also a period where we consolidated and upgraded our last ten years of growth with new systems, new banking facilities and new business practices. To have completed all this and grown our revenue by 12% and our adjusted EBITDA by 50% in addition to reporting positive adjusted EPS for the first time is a huge achievement. View the presentation below for more detail on how we achieved these objectives and our ambitions for the future.
Investment into Quickline
Our leading fixed wireless broadband business Quickline Communications has received significant new investment of £12m to accelerate its build out of fibre backed fixed wireless networks. Using the latest fixed wireless access technology and our own fibre infrastructure we will be extending services into many new rural areas utilising this key investment alongside BDUK grant funding.
Quickline with its proven business model is targeting 30,000 new customers over the next 3 years along with more widespread deployment of its new mmWave gigafast services which offer FTTH performance but at a significantly cheaper cost per premise and with much faster roll out.