Bigblu Broadband PLC (LON:BBB) has established a strong position as an alternative and rural broadband provider across multiple geographies using satellite, fixed wireless and 4G/5G technologies. Its customers are homes and businesses unserved or underserved by fibre and the group is in a strong position to leverage the heavy investment made by satellite operators in high-speed broadband as well as its own selective roll-out of ultrafast and giga-fast fixed wireless services. With Bigblu set for strong organic growth and well established in key markets, the days of high M&A and equity issuance also appear to be over.
European sales growing with expanded distribution
Last week, Bigblu announced that it has won preferred partner status with Eutelsat. This non-exclusive deal will leave BBB free to offer customers a range of packages, but Bigblu will benefit from heavy investment in marketing and customer premises equipment by Eutelsat in return for revenue share. This should lead to continuing acceleration of subscriber growth from the recent expansion of BBB’s sales network into Poland, Spain, Finland, Norway and Sweden, with the added benefit of the UK, Ireland and France now being covered by the deal and 50Mbps offer.
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