Manx Telecom acquires Synapse 360

16th Apr 2019 08:10

(Sharecast News) - Isle of Man-based communications provider Manx Telecom has entered into a conditional sale and purchase agreement for Synapse 360.

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Manx Telecom leaps on Basalt's £255m takeover bid

13th Mar 2019 09:56

(Sharecast News) - Manx Telecom's shares climbed on Wednesday after the company announced it has reached an agreement for a £255m takeover, while the business also reported a jump in annual revenue.

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Manx Telecom's Goshawk technology set for summer launch

6th Feb 2019 08:36

(Sharecast News) - Manx Telecom's subsidiary Goshawk Communications will launch its Audacious brand mobile phone proposition in the UK this summer with BT's EE network, the company said on Wednesday.

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Manx Telecom on track as fibre broadband rollout gathers momentum

16th Jan 2019 11:56

(Sharecast News) - Manx Telecom on Wednesday said it is on track to meet expectations after its fibre broadband rollout remained on track and the company achieved "good" revenue growth.

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Peel Hunt picks 'doublers' for the next 2-3 years

18th Dec 2018 11:09

(Sharecast News) - Peel Hunt has named 29 companies it believes will double in value in the next two to three years, including JD Sports, GoCompare and CMC Markets.

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Manx Telecom hires ex Virgin executive as new commercial head

27th Nov 2018 08:27

(Sharecast News) - Communications provider Manx Telecom has appointed former Virgin Mobile executive Ed Jennings as its new chief commercial officer.

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Manx Telecom profits jump despite flat revenue

12th Sep 2018 10:16

(Sharecast News) - Isle of Man telecommunications firm Manx Telecom on Wednesday reported a 4.9% increase in first half profit before tax to £5.5m as the company continued its fibre-optic rollout.

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Manx Telecom in line with expectations despite data centre decline

13th Jan 2017 08:46

(ShareCast News) - Isle of Man-based Manx Telecom said it has been trading in line with expectations, even with an expected revenue decline from the data centre business. The AIM-listed company said it had been trading in line with expectations in 2016, with cash flow supporting its progressive divi

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Manx Telecom to provide roaming services for Chinese visitors, diaspora

6th Dec 2016 12:22

(ShareCast News) - AIM-listed Manx Telecom has won a contract from China Unicom to provide roaming connectivity for Chinese visitors to the UK. Through its relationship with Telefonica, Manx will provide connectivity to China Unicom's CUniq UK mobile and roaming product. CUniq, a mobile virtual ope

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Manx Telecom treading water in first half results

13th Sep 2016 14:22

(ShareCast News) - Isle of Man communications services provider Manx Telecom announced its results for the six months to 30 June on Tuesday, with revenues of £39.2m, down slightly from £39.8m in the first half of 2015. The AIM-traded firm said fixed Line, broadband and data revenues were up 1.3%, dr

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Manx Telecom dealt good hand after PokerStars agreement

4th Aug 2015 12:19

(ShareCast News) - Communication services provider Manx Telecom has secured a deal with online poker operator PokerStars. Under the three-year deal, PokerStars will be Manx's anchor tenant for the second stage of the group's Greenhill Data Centre, which will see a combined 48 hosting racks and other

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Manx Telecom interim trading in line with expectations

15th Jul 2015 11:05

(ShareCast News) - Telecoms group Manx Telecom said trading in the first half of 2015 was in line with expectations. The Isle of Man-based group said its core domestic business had performed strongly over the first six months of the year, driven by the launch of new broadband products and by the exp

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Manx Telecom appoints interim chief financial officer

2nd Jul 2015 11:56

Manx Telecom has appointed Paul Tierney as its new interim chief financial officer (CFO). The appointment follows replacement of Gary Lamb from CFO to chief executive officer on Wednesday. Meanwhile, the communication solutions provider has started to look for a permanent CFO. Tierney, who previou

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Monday broker round-up UPDATE

21st Jul 2014 09:29

APR Energy: Liberum Capital reduces target price from 735p to 385p and stays with its sell recommendation. Avanti Communications Group: Jefferies reduces target price from 580p to 250p and downgrades to hold. Dialight: Canaccord Genuity raises target price from 1000p to 1100p and retains a buy rec

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Manx Telecom to launch first 4G network on Isle of Man

24th Jun 2014 14:45

AIM-listed telecoms group Manx Telecom is to launch the first 4G mobile network on the Isle of Man this summer. The service, which will have a population coverage better than the rest of the UK at an estimated 95%, will provide speeds up to seven times faster than on the 3G network. "Achieving 95%

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