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Updata
Updata Infrastructure UK Ltd was a privately held UK company providing Internet and broadband connectivity services, primarily to public sector markets. Updata’s headquarters were in Premier House, Reigate, Surrey and the company also had offices in Wales (Cefn Coed Business Park, Cardiff) and Scotland (Strathclyde Business Park, Bellshill). In 2009/2010 Updata had revenues of £19.7m, an increase of 82% on the previous year. History Updata was founded in 2003 by Richard Bennett and Victor Baldorino. In 2009, Updata received investment from UK private equity firm LMS Capital plc. Subsequently, in 2010, Tim Pearson, former CEO of RM plc, was appointed as Non-Executive Chairman. On 1 April 2014 it was announced that Capita had acquired Updata for a cash consideration of £80m on a cash free, debt free basis. Subsequently, Updata was absorbed into the Capita I.T. Enterprise Services business. Activities Updata initially focused on implementing local-loop unbundling Loca ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Capita
Capita plc, commonly known as Capita, is an international business process outsourcing and professional services company headquartered in London. It is the largest business process outsourcing and professional services company in the United Kingdom, with an overall market share of 29% in 2016, and has clients in central government, local government and the private sector. It also has a property and infrastructure consultancy division which is the fourth largest multidisciplinary consultancy in the UK. Roughly half of its turnover comes from the private sector and half from the public sector. Whilst UK-focused, Capita also has operations across Europe, Africa and Asia. Capita is listed on the London Stock Exchange. History Capita was formed in 1984, as a division of the non-profit CIPFA (Chartered Institute of Public Finance and Accountancy). In 1987, it became an independent company with 33 staff as a result of a management buy-out, led by Rod Aldridge, and was first listed o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Local-loop Unbundling
Local loop unbundling (LLU or LLUB) is the regulatory process of allowing multiple telecommunications operators to use connections from the telephone exchange to the customer's premises. The physical wire connection between the local exchange and the customer is known as a "local loop", and is owned by the incumbent local exchange carrier (also referred to as the "ILEC", "local exchange", or in the United States either a "Baby Bell" or an independent telephone company). To increase competition, other providers are granted unbundled access. Policy background LLU is generally opposed by the ILECs, which in most cases are either former investor-owned (North America) or state-owned monopoly enterprises forced to open themselves to competition. ILECs argue that LLU amounts to a regulatory taking, that they are forced to provide competitors with essential business inputs, that LLU stifles infrastructure-based competition and technical innovation because new entrants prefer to 'parasiti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Established In 2003
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
