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One in four small and medium-sized UK enterprises (SMEs) is predicting zero growth for their business in the next six months (23%), research shows. The figures suggest that the recovery is not filtering down to smaller businesses, in stark contrast to more positive recent economic statistics. Mike Smith of Virgin Media Business, which commissioned the research, said that whilst the UK has every right to feel optimistic about the economy, both government and industry need to continue to work together in recognising that smaller businesses, in particular, are still finding the economy challenging. He called for others to follow the lead...
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On 13 August Daisy Group plc announced that it had received a preliminary approach relating to a possible cash offer for the Company at 190p per Daisy share from Toscafund Asset Management LLP, Penta Capital and Matthew Riley (pictured), the Chief Executive Officer of Daisy. The consortium had an initial deadline of September 10th to make their intentions clear which was extended by the Takeover Panel to today, (5pm) 22nd September. Following the receipt of a request from the Consortium, the Independent Directors have sought the consent of the Panel for an extension of the current deadline to allow the Consortium...
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Virtual1 has deployed ‘MetroWAVE’ Optical Multiplexers from Metrodata Ltd. for the heart of its recently launched London-wide fibre infrastructure. Network Equipment Manufacturer Metrodata worked with Virtual1 to design a key element of the Metro-area fibre network, stretching from Docklands in the East right though to Heathrow and Woking in the West. Each MetroWAVE Mux/Demux unit supports 8 fibre services, each of up to 10Gbps, over different wavelengths within the ‘Coarse Wavelength Division Multiplexing’ (CWDM) spectrum, in addition to accommodating a conventional ‘wideband’ service at the 1310nm wavelength, used by default for fibre connection by equipment vendors. As Managing Director of Metrodata, Richard Kirby,...
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Billing services and applications are evolving as the communications landscape changes. Once just used for fixed line voice call billing applications, today they need to keep pace with the integration of voice and data applications such as VOIP and cloud based services as well as mobile communications. Billing services are evolving. As more and more applications need to be charged for in a pay as you go cloud based model the billing systems need to keep up with flexibility that users are demanding for these products. Turning on or off applications for short-term use means that billing systems need to not...
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