Thus

Thus

Infobox Company
company_name = THUS plc
company_
company_type = Public (lse|THUS)
foundation = 1994 (as Scottish Telecom)
location = Glasgow, Scotland, UK
key_people = William Allan (Chief Executive), Phil Male (Chief Operating Officer), John Maguire (Chief Financial Officer)
industry = Telecommunications
products =
revenue =
operating_income =
net_income =
num_employees = 1,657 (31 March 2005)
parent =
subsid =
homepage = http://www.thus.net
footnotes =

THUS plc is a telecommunications operator based in Glasgow, Scotland, one of the alternatives to the UK incumbent BT.

History

THUS began life in 1994 as Scottish Telecom, an offshoot of the privatised energy company Scottish Power. It was founded by Rod Matthews who remained the Chief Executive until 1999, when it was floated on the London Stock Exchange as THUS, with Scottish Power retaining a majority shareholding.

In 2002, THUS was demerged from Scottish Power in a deal which effectively wiped out the majority of the company's debts, placing the company on a sound financial footing. The demerger also led to the creation of THUS Group plc, a holding company which owns THUS plc. All shares held in THUS plc became shares held in THUS Group plc.

In 1998, THUS acquired Demon Internet.

In 2006, THUS acquired Your Communications and Legend Communications.

On 28 May 2008, Cable & Wireless announced their intention to purchase THUS with an offer of 165p per share. This first offer was rejected [cite web |url=http://www.thus.net/mediacentre/pressreleases/2008/2008-06-06.shtml |title=THUS: Rejection of Cable & Wireless Proposal |publisher=THUS |date=2008-06-06 |accessdate=2008-06-29] on 6 June.

On 30 June 2008, Cable & Wireless announced that it had acquired a 29.9% stake in Thus and tabled an improved offer of £329 million, or 180p per share. [ [http://uk.reuters.com/article/mergersNews/idUKL3016652520080630 C&W makes offer for Thus] ]

On 1 Oct 2008, Cable & Wireless completed the takeover of THUS. The company is now known as "THUS, a Cable&Wireless business".

Company information

THUS plc and THUS Group plc are both Scottish companies registered at Companies House in Edinburgh. Both companies have their registered office in Glasgow.

THUS NGN

> National Network built on Nortel Optera LH DWDM Infrastructure.

> 160 Wavelength Capable

> 10Gbs/wavelength

> Multiple 10Gbs SDH layers based on Nortel Connect DX platform.

> Lower order SDH Layers for VC-12 granularity.

> Cisco based MpLS Network 10Gbs capable.

Activities

THUS is a supplier of telecoms and Internet services to businesses, and, through its Demon brand, supplies some services (most notably Internet services) to home users. Major customers include its former owner Scottish Power and Southern Water (which was also once a Scottish Power subsidiary), as well as Glasgow City Council, GCap Media, BSkyB and HSBC.

Until recently, THUS also provided call centres for businesses, but sold its call centre operation to Response Handling Ltd in August 2004.

As an alternative telco in the UK, THUS is often involved, either alone or in conjunction with other telcos, in complaints made to the UK regulator Ofcom about alleged monopolistic practices of BT.

References

External links

* [http://www.thus.net/ THUS plc]
* [http://www.demon.net Demon Internet]
* [http://www.legend.co.uk/ Legend Communications]
* [http://www.yourcommunications.co.uk/ Your Communications]

"


Wikimedia Foundation. 2010.

Игры ⚽ Поможем написать реферат
Synonyms:
, / ,


Look at other dictionaries:

  • Thus — ([th]us), adv. [OE. thus, AS. [eth]us; akin to OFries. & OS. thus, D. dus, and E. that; cf. OHG. sus. See {That}.] 1. In this or that manner; on this wise. [1913 Webster] Thus did Noah; according to all that God commanded him, so did he. Gen. vi …   The Collaborative International Dictionary of English

  • thus — [ ðʌs ] adverb FORMAL *** Thus can be used in the following ways: as a way of showing how a sentence or clause is related to what has already been said: No decision had been made, and thus the situation remained unclear. as an ordinary adverb:… …   Usage of the words and phrases in modern English

  • thus — thus, thusly Thus is a word with an awkward role in modern English. Used sparingly and appropriately, it is highlȳ effective, whereas when over used it can seem stilted and affected. It has two basic meanings, (1) ‘in this way’, and (2)… …   Modern English usage

  • thus — W1 [ðʌs] adv formal [: Old English;] 1.) [sentence adverb] as a result of something that you have just mentioned ▪ Most of the evidence was destroyed in the fire. Thus it would be almost impossible to prove him guilty. 2.) in this manner or way ▪ …   Dictionary of contemporary English

  • thus — [adv1] in this manner along these lines, as follows, hence, in kind, in such a way, in this fashion, in this way, just like that, like so, like this, so, thus and so, thus and thus, thusly, to such a degree; concept 544 thus [adv2] accordingly… …   New thesaurus

  • Thus — Thus, n. [L. thus, better tus, frankincense. See {Thurible}.] The commoner kind of frankincense, or that obtained from the Norway spruce, the long leaved pine, and other conifers. [1913 Webster] [1913 Webster] …   The Collaborative International Dictionary of English

  • thus — O.E. þus in this way, related to þæt that and THIS (Cf. this), but the exact connection and P.Gmc. history are obscure. Cognate with O.S., O.Fris. thus, M.Du., Du. dus. Colloquial adv. thusly first recorded 1865 …   Etymology dictionary

  • thus — [thus] adv. [ME < OE] 1. in this or that manner; in the way just stated or in the following manner 2. to this or that degree or extent; so 3. according to this or that; consequently; therefore; hence: often used as a conjunctive adverb 4. for… …   English World dictionary

  • thus|ly — «THUHS lee», adverb. Informal. thus: »A Pisa pizza pie peddler we contacted commented thusly: “Balderdash!” (Maclean s) …   Useful english dictionary

  • Thus — (lat.), Weihrauch, Olibanum, s. b …   Pierer's Universal-Lexikon

  • thus — index a fortiori, consequently Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”