 | Energis: Encyclopedia - Energis
Energis
Energis Communications Limited, briefly Telecom Electric, or more usually just Energis is a 'technology driven communications company' now based in the UK and Ireland. Formally floated on the LSE it is now a private company. On 15 August 2005, reports were made in various online newspapers [1] that a bid by C&W had been accepted by a binding majority of Energis debtholders. A full transfer of authority was expected to be completed well before the end of 2005.
Energis - History of Energis
Energis was formed in 1992 as Telecom Electric, out of the UK's National Grid. Its national Optical fiber network is partially deployed via the overhead power transmission network of the grid.
Energis - Energis Plc
As a company floated on the London Stock Exchange Energis acquired a number of companies in the UK and Europe, including Planet Online, ISION AG and others. At one point its Market capitalization was over 10 billion GBP.
Planet chose Energis as the telecommunications partner to help Dixons launch the Freeserve ISP (now Wanadoo UK). Energis provided the telephony services and Planet provided the e-mail, Internet access, etc. elements.
Energis - Administration
Energis Plc was placed in Administration in July 2002, with its UK operations immediately transfered to Energis Communications Ltd, a wholly owned subsidiary of a holding company called Chelys. Chelys is owned by various banks, which provided 150m GBP of cash to enable Energis to continue operating. These banks were creditors of Energis Plc, and were owed circa 700m GBP, mainly raised through bond issues.
Energis - Cable & Wireless
On 16th August 2005 Cable and Wireless announced they had reached agreement to acquire Energis for an initial cash consideration of £594 million GBP.
The merger was approved by the OFT on the 25 October 2005, link.
C&W announced that the merger would complete and integration begin on 14 November, link.
Energis - Leadership
Energis has been led by a number of Chief Executive Officers in its past.
- Mar 1993 - Dec 1995 David Dey
- Dec 1995 - Aug 2001 Mike Grabiner
- Aug 2001 - Jul 2002 David Wickham
- Jul 2002 - John Pluthero
Energis - Energis Today
Today Energis provides a number of services based around its core platforms of ISP, Transmission, IP Networking (Energis has a Cisco Powered Network, using MPLS technology), Contact Center Solutions and Voice (traditional switched telephony).
Energis - Interesting and Key customers
Energis provides services to a number of businesses, a few of the more interesting are as follows:
- Provides the BBC with its distribution network for Television and Radio programmes.
- Provides service to support The AA and RAC helpline numbers.
- Provides The Mirror Group with an ATM-based network for its editorial-to-printing process.
- Provides network services to support the Wanadoo UK Internet Service Provider offering.
Other related archives14 November, 15 August, 16th August, 1992, 1993, 1995, 2001, 2002, 2005, 25 October, ATM, BBC, C&W, Cable and Wireless, Chelys, Chief Executive Officers, Cisco Powered Network, Freeserve, GBP, Internet Service Provider, Ireland, John Pluthero, LSE, London Stock Exchange, MPLS, Market capitalization, National Grid, OFT, Optical fiber, Planet, Planet Online, RAC, Radio, Television, The AA, The Mirror Group, UK, Wanadoo, private company
 Adapted from the Wikipedia article "Energis", under the G.N U Free Docmentation License. Please also see http://en.wikipedia.org/wiki |
