Edison Investment Research - Bigblu broadband (BBB) Bigblu Broadband - New partner, strong organic growth prospects

Report

Edison Investment Research

Anna Bossong

Bigblu Broadband - New partner, strong organic growth prospects

Bigblu Broadband (BBB) has established a strong position as an alternative and rural broadband provider across multiple geographies using satellite, fixed wireless and 4G/5G technologies. Its customers are homes and businesses unserved or underserved by fibre and the group is in a strong position to leverage the heavy investment made by satellite operators in high-speed broadband as well as its own selective roll-out of ultrafast and giga-fast fixed wireless services. With Bigblu set for strong organic growth and well established in key markets, the days of high M&A and equity issuance also appear to be over.

13/12/2018 2 EN

Underlying

Bigblu broadband

Bigblu Broadband and its subsidiaries are engaged in global telecommunications business specializing in rural, last-mile and emergency communications via satellite, wireless and associated technologies. In certain territories, Co. also offers fibre alternatives.

See profile

GB00BD5JMP10 London Stock Exchange United Kingdom

Provider

Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

See profile

Analysts

Anna Bossong

Other Reports on these Companies

Edison Investment Research

Bigblu Broadband - H219 trading in line, confident in FY20

Bigbluâ€™s trading statement confirmed an H2 performance in line with expectations. Actions to cleanse the customer base should yield operational benefits over time and the above consensus year-end net debt figure (Â£14m vs Â£9m) primarily reflected a Brexit-driven inventory build that should reverse in the next few months. Bigblu remains confident in FY20 consensus (see below), which implies an acceleration in revenue growth.

December 6, 2019 December 6, 2019 2 EN

Edison Investment Research

Bigblu Broadband - Funding to accelerate UK growth

Bigblu has secured Â£12m in funding to accelerate the growth of its UK Fixed Wireless Access (FWA) subsidiary QCL. By combining this money with grants from BDUK and investment from internal cashflows, QCL expects to quadruple its subscriber base to 30,000 by November 2022.

August 14, 2019 August 14, 2019 2 EN

Edison Investment Research

Bigblu Broadband - Need for broadband speed boosts H119 results

Bigblu Broadbandâ€™s (BBBâ€™s) trading update flags good progress in H1, with l-f-l constant currency revenue and underlying EBITDA up 22% and 54% year-on-year, respectively. The completion of BBB's European footprint and the extension of the 50 Mbps offer across the European base helped the group to achieve record new customer additions in Q2, as well as increasing take-up of higher-value packages among existing customers. With the additional benefit of falling customer churn, the group was able to achieve a 6.3pp widening in gross margin to 43.7%. The expected launch of Eutelsat's Konnect sa...

July 1, 2019 July 1, 2019 2 EN

International Public Partnerships - Consistently and responsibly delivering

International Public Partnerships’ (INPP’s) FY23 results show that it continues to deliver consistent and predictable returns for investors, while delivering environmental and social benefits for the individuals and communities that are served by its assets. Despite this strong performance and a substantial need for private infrastructure funding, the macroeconomic environment has weighed on INPP’s share price, in common with the wider sector. Regardless, attractive returns are available from the existing portfolio with opportunities for further enhancement.

4h / 6m 4h / 6m 1 EN

Kate Heseltine

Kate Heseltine

Portobello SpA - Focus back on the operations

Portobello’s FY23 results demonstrate the primary effects of the out-of-court settlement with respect to VAT and direct taxes (a higher year-end net debt position) and the secondary effects, such as disruption to its trading activities due to management’s focus on cash generation and the company’s inability to trade as previously expected. Following the period end, two capital raises totalling €12.6m, including €3.8m by three of the executive management team, from a maximum mandated amount of €20m, have improved the company’s financial position. The requirement to improve the balance sheet fur...

4h / 49m 4h / 49m 1 EN

Kate Heseltine

Kate Heseltine

Intralot - Focus on business development in FY24

Intralot enjoyed good underlying trends in performance in FY23 with encouraging trends in its main countries of focus and further progress on profitability. The much-improved balance sheet and extension of debt maturities mean management can focus on the significant business development opportunities available in FY24 and beyond. The share price looks attractive in the absence of potential new contract wins, which could be materially enhancing to the valuation.

10h / 4m 10h / 4m 1 EN

Sign-up for free to access full reports immediately

Email Address*

Choose Password* ( 6 or more characters )

Due to regulatory restrictions regarding the distribution of financial research, this report is restricted to a specific region or investor type. Get access to exclusive reports by answering the questions below.

Select your country*

Get financial insights straight to your inbox

By clicking "register" you accept the Terms and Conditions & Privacy Policy

Already on ResearchPool?

Almost there...

Are you a professional investor?

Select your country

REGISTER

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

In order to access this report please create an account.

LOGIN

Bigblu Broadband - New partner, strong organic growth prospects

Bigblu Broadband - H219 trading in line, confident in FY20

Bigblu Broadband - Funding to accelerate UK growth

Bigblu Broadband - Need for broadband speed boosts H119 results

International Public Partnerships - Consistently and responsibly delivering

Portobello SpA - Focus back on the operations

Intralot - Focus on business development in FY24

Create a free ResearchPool account to access full reports, get a personalised dashboard and follow providers or companies

Sign-up for free to access full reports immediately

ResearchPool Subscriptions

Get the most out of your insights

Why subscribe?

How to subscribe

ResearchPool Subscriptions

This report is only available to subscribers

Why subscribe?

How to subscribe