Three acquires broadband provider Relish

The acquisition of the London based broadband provider cost a report £250 million.

Mobile phone operator Three have taken their first step into the UK’s home broadband market with the £250 million purchase of wireless internet provider Relish.

Relish serves both home and business broadband to 15,000 customers across Central London (who will now be transferred across to Three) and was formerly owned by UK broadband, who in turn are a subsidiary of Hong Kong based telecommunication company PCCW.

The acquisition has also granted Three quite a bit of additional mobile spectrum which will prove invaluable during the future launch of their 5G services as it’s come before Ofcom are due to auction off a total of 190MHz of Britain’s mobile spectrum sometime in the summer of 2017.

Dave Dyson, Chief Executive of Three, was very positive about his company’s procurement of the additional mobile phone spectrum stating that it “takes the risk out of the auction.”

Last May, Three’s potential £10.25 billion takeover of rival network O2 from Spanish telecom giant Telefonica was blocked by the European Commission on the grounds it would cause a sharp increase in the price of the UK’s mobile services.

PCCW originally began operating in the UK when they applied for a license to operate a WiMax network, which is designed to offer faster and more wide-ranging signals than Wi-Fi. A few years later, they launched a rental-free broadband service named Now Wireless which was rebranded as Relish back in 2014.
 
Source: Financial Times

Broadband Speed Test

Find out whether you could be getting faster home broadband speeds. Our speed test will check your current broadband and let you compare with other speeds in your area.

Test your broadband

Contract Renewal Reminder

Our handy broadband contract renewal reminder service will let you know when your contract is coming to an end, so you can look for the best new deals.

Set your reminder

Broadband Usage Calculator

Answer a few quick questions and our broadband usage calculator will give you a data estimate for your household. Using this we’ll recommend the best kind of deal for you.

Calculate
× Need help choosing the best deal?
Call us on 0800 840 5349