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 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.
= History of Energis =
Energis was formed in 1992 as Telecom Electric Limited, out of the UK s National Grid Company. Its national Optical fiber network is partially deployed via the overhead power transmission network of the grid.
== 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 Limited, ISION AG and others. At one point its Market capitalization was over 10 billion GBP.
Planet Online Limited chose Energis as the telecommunications partner to help Dixons launch the Freeserve ISP (now Wanadoo UK). Energis provided the telephony services and Planet Online Limited provided the e-mail, Internet access, etc. elements.
== 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.
== Cable & Wireless ==
On 16th August 2005 Cable and Wireless announced they had reached agreement to aquire Energis for an initial cash consideration of £594 million GBP.
== Leadership ==
Energis has been led by a number of Chief Executive Officers in its past.
= Energis Today =
Today Energis provides a number of services based around its core platforms of ISP, Transmission, IP Networking (Energis has a Cisco Systems, using MPLS technology), Contact Center Solutions and Voice (traditional switched telephony).
== Interesting and Key customers ==
Energis provides services to a number of businesses, a few of the more interesting are as follows:
= External Links / References =
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