Notice of Results

RNS Number : 4110E

Bigblu Broadband PLC

28 February 2020

 

Bigblu Broadand plc

("BBB" or the "Company")

Notice of Results

Bigblu Broadband plc (AIM: BBB.L), a leading provider of alternative super-fast broadband services, will announce results for the year ended 30 November 2019 (the "period") on Thursday 26 March 2020.

Investor Presentation

The Company will be hosting a presentation for investors in London on the evening of Tuesday 31 March 2020 with Andrew Walwyn, CEO of the Company, and CFO Frank Waters presenting the results for the period as well as an overview of the Company and its strategy.

The event is open to all investors and will be held from 16.30 for a 16.45 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 Frank Waters, Chief Financial Officer Dominic Del Mar, Corporate Development	Via Walbrook PR
finnCap Ltd - Nomad and Broker	Tel: [phone]
Marc Milmo / Simon Hicks / Charlie Beeson
(Corporate Finance) Tim Redfern / Richard Chambers / Manasa Patil (ECM)
Walbrook (Media and Investor Relations)	Tel: [phone]
Nick Rome/Tom Cooper/Nicholas Johnson	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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