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O2 enters UK broadband market with Be purchase

Jun 27, 2006

O2 facilitated its entry into the UK broadband market with its acquisition of service provider Be for £50 million. Be claims to be the first UK broadband ISP to use the latest ADSL2+ technology which offers speeds of up to 24Mbps. Be’s network has been rolled out to more than 150 local exchanges, with plans to reach more than 400, resulting in approximately 50% population coverage by the end of 2006.

“The O2 Group benefits greatly from the experience of Telefónica and insight into other markets such as the Czech Republic and Germany where customers have clearly demonstrated a demand for integrated broadband and mobile packages. Building on our existing fixed/mobile capability in Germany, the Czech Republic and the Isle of Man, Be‘s superior broadband operations and services help us fulfil our previously-stated aim of adding high quality broadband capability to our portfolio in the UK,” says Peter Erskine, Chairman and CEO of O2.

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