Notice of Results

RNS Number : 9494R

Bigblu Broadband PLC

06 March 2019

 

Bigblu Broadband plc 

("BBB" or the "Company" or the "Group") 

Notice of Results

Bigblu Broadband plc (AIM: BBB.L), a leading provider of alternative fast broadband services, will announce results for the year ended 30 November 2018 on Monday 25 March 2019.

Analyst Presentation

Management will be hosting a presentation for analysts on the day of the results at 9.30am at the office of Walbrook PR, 4 Lombard Street, London, EC3V 9HD. Analysts wishing to attend the presentation should register their interest by e-mailing [e-mail] or telephoning 020 7933 8780.

Investor Presentation

The Company will also be hosting a presentation for investors in London on the evening of Monday 25 March 2019. Andrew Walwyn, CEO of the Company and CFO Frank Waters will present the results for the year ended 30 November 2018 as well as an overview of the Company and its strategy.

The event is open to all investors and will be held from 17.30 for a 17.45 start at a venue in the City. To register for the event, please email [e-mail] or call the Walbrook PR team, below.

 Contacts:

Bigblu Broadband plc	www.bbb-plc.com
Andrew Walwyn, Chief Executive Officer	Via Walbrook PR
Numis Securities (Nomad and joint broker)	Tel: [phone]
Oliver Hardy (Corporate Advisory)
James Black / Jonathan Abbott (Corporate Broking)
Dowgate Capital (Joint broker)	Tel: [phone]
David Poutney
James Serjeant
Walbrook PR (PR advisers)	Tel: [phone]
Paul Cornelius / Nick Rome	or [e-mail]

About BBB

BigBlu Broadband plc (AIM: BBB), is a leading provider of alternative 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.

The Company has a significant target market with 27m customers in Europe with speeds of under 4 Mb, and a further 1m in Australia who have been identified as only suitable for either satellite or fixed wireless broadband.

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 20 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. It provides customers ongoing services including hardware, pre and post-sale support, installation, billing and warranties whilst offering various tariffs depending on end user requirements.

Importantly, as its core technologies evolve, and cheaper 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. 

 

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