Broadband comparison site Broadband Genie comments on news that BT has bought internet service provider Brightview.
BT paid £15.8m for the company which is behind the Madasafish, Global Internet and Waitrose ISP brands.
The deal will give BT an additional 62,000 additional broadband customers, but is currently subject to approval from Brightview’s shareholders.
Formed in 2001, Brightview made revenues of £11m in the year ending 30 June 2006.
Brightview is also working with John Lewis Partnership to launch its new ISP and telephony service under the ‘GreenBee’
Broadband Genie CEO Philip Wilkinson says: “This is another example of consolidation in the broadband market – we expect to see more of this in the future.”
ENDS
Notes to editors
1. Broadband Genie allows users to compare broadband online, and is part of Genie Group.
2. Genie Group Ltd is a leading independent provider of internet comparison shopping services in the UK, and was set up in 2004 by Philip Wilkinson (co-founder of Kelkoo UK). Genie Group’s unique selling point is 'the Genie', which makes personal recommendations to internet shoppers based on ground-breaking, intelligent technology. This gives Genie Group the ability to provide an enjoyable and satisfying internet shopping experience, and deliver an unmatched quality of sales leads to our affiliate merchants. Genie Group launched its flagship broadband comparison service Broadband Genie in January 2005.
3. More information can be found at http://www.broadbandgenie.co.uk . Please direct all media enquiries to Ciaron Dunne. Interviews with Philip Wilkinson can be arranged on request.
