Manx Telecom

<h2 id="history">History</h2>
<p class="note">Further information: <a href="/facts/Communications_in_the_Isle_of_Man/dXt7BsdD">Communications in the Isle of Man § Telephones</a></p>
<p>Historically, the telephone system in the Isle of Man had been run as a monopoly by the British <a href="/facts/General_Post_Office/gnMB2RHN">General Post Office</a> (GPO), and later <a href="/facts/British_Telecommunications/RV9sGpcD">British Telecommunications</a> (British Telecom or BT), and operated as part of the <a href="/facts/Liverpool/kTqATlxg">Liverpool</a> telephone district.
</p><p>In 1985, the <a href="/facts/Isle_of_Man_Government/J0Naub0o">Isle of Man Government</a> announced that it would award a 20-year licence to operate the telephone system in a <a href="/facts/Invitation_to_tender/Gav323KQ">tender process</a>. As part of this process, in 1986 British Telecom created a Manx-registered subsidiary company, Manx Telecom, to bid for the tender. It was believed that a local identity and management would be more politically acceptable in the tendering process as they competed with <a href="/facts/Cable_%26_Wireless_plc/II60J86Y">Cable & Wireless</a> to win the licence.
</p><p>Manx Telecom won the tender, and commenced operations under the new identity from 1 January 1987.
</p><p>On 17 November 2001, Manx Telecom became part of mmO2 following the demerger of <a href="/facts/Telef%C3%B3nica_Europe/6xQDu6AT">BT Wireless</a>'s operations from BT Group.  It was acquired by <a href="/facts/Telef%C3%B3nica/9oQKlCw8">Telefónica</a> in 2006 (2006).
</p><p>On 4 June 2010, Manx Telecom was sold to UK <a href="/facts/Private_equity/DpqoqjBH">private equity</a> investor <a href="/facts/HgCapital/chcdplqJ">HgCapital</a> (who were buying the majority stake), alongside telecoms management company CPS Partners. HG Capital indicated that the <a href="/facts/Enterprise_value/Rt3XWJXQ">enterprise value</a> of the deal was £158.8 million ($232.5 million).
</p><p>In 2014, it floated on the <a href="/facts/AIM_market/NAv6KaDa">AIM market</a>.<a class="footnote-ref" id="fnref:3" href="#fn:3"><sup>3</sup></a>
</p><p>On 9 May 2019 <a href="/facts/Private_equity/DpqoqjBH">private equity</a> investor Basalt Investment Partners completed their acquisition of Manx Telecom.<a class="footnote-ref" id="fnref:4" href="#fn:4"><sup>4</sup></a><a class="footnote-ref" id="fnref:5" href="#fn:5"><sup>5</sup></a>
</p>
<h2 id="operations">Operations</h2>

<p>Manx Telecom operates fixed line and mobile networks, and data centres on the Isle of Man.  The Global Solutions division operates outside of the Isle of Man through mobile virtual network operator (MVNO) and international roaming agreements.<a class="footnote-ref" id="fnref:6" href="#fn:6"><sup>6</sup></a>
</p><p>The mobile phone network operated by Manx Telecom had been used by O2 as an environment for developing and testing new products and services prior to wider rollout. In December 2001, the company became the first telecommunications operator in <a href="/facts/Europe/DTAtrKfh">Europe</a> to launch a live <a href="/facts/3G/K1noBd8n">3G</a> network.  In November 2005, the company became the first in Europe to offer its customers an <a href="/facts/HSDPA/4S6Mz83J">HSDPA</a> (3.5G) service.<a class="footnote-ref" id="fnref:7" href="#fn:7"><sup>7</sup></a><a class="footnote-ref" id="fnref:8" href="#fn:8"><sup>8</sup></a>
</p>
<h2 id="principal-competitors">Principal competitors</h2>
<ul><li><a href="/facts/Sure_(company)/yeJrreTa">Sure</a></li>
<li>Wi-Manx</li>
<li>Domicilium</li>
<li>BlueWave Communications</li></ul>
<h2 id="see-also">See also</h2>
<ul><li><a href="/facts/Communications_Commission/ASoM72Wj">Communications Commission</a></li>
<li><a href="/facts/Communications_on_the_Isle_of_Man/dXt7BsdD">Communications on the Isle of Man</a></li>
<li><a href="/facts/Manx_Telecomputer_Bus/8kpfT91Y">Manx Telecomputer Bus</a></li></ul>

<h2 id="external-links">External links</h2>
<ul><li><a href="http://www.manx-telecom.com">Official website</a></li>
<li><a href="http://www.cellular-news.com/story/43654.php">Telefonica Sells Manx Telecom to Private Equity Groups</a></li>
<li><a href="https://www.manxtelecom.com/about/media/press-releases-2019/3480-manx-telecom-stronger-with-new-owners-says-ceo">Manx Telecom Stronger With New Owners Says CEO</a></li></ul>

<h2 id="references">References</h2>

<ol>
<li id="fn:1"><p>"Manx Telecom stronger with new owners, says CEO". Manxtelecom.com. Retrieved 6 June 2019. <a href="https://www.manxtelecom.com/about/media/press-releases-2019/3480-manx-telecom-stronger-with-new-owners-says-ceo" target="_blank">https://www.manxtelecom.com/about/media/press-releases-2019/3480-manx-telecom-stronger-with-new-owners-says-ceo</a> <a href="#fnref:1" class="footnote-back-ref">↩</a></p></li>
<li id="fn:2"><p>"£255m takeover of Manx Telecom sealed". www.iomtoday.co.im. Retrieved 6 June 2019. <a href="http://www.iomtoday.co.im/article.cfm?id=48337&headline=%C2%A3255m%20takeover%20of%20Manx%20Telecom%20sealed§ionIs=news&searchyear=2019" target="_blank">http://www.iomtoday.co.im/article.cfm?id=48337&headline=%C2%A3255m%20takeover%20of%20Manx%20Telecom%20sealed§ionIs=news&searchyear=2019</a> <a href="#fnref:2" class="footnote-back-ref">↩</a></p></li>
<li id="fn:3"><p>"Manx Telecom Plans Maiden Interim Dividend, Profit Hit By Write-Downs". Lse.co.uk. 15 April 2014. <a href="http://www.lse.co.uk/AllNews.asp?code=se94v2n2&headline=Manx_Telecom_Plans_Maiden_Interim_Dividend_Profit_Hit_By_WriteDowns" target="_blank">http://www.lse.co.uk/AllNews.asp?code=se94v2n2&headline=Manx_Telecom_Plans_Maiden_Interim_Dividend_Profit_Hit_By_WriteDowns</a> <a href="#fnref:3" class="footnote-back-ref">↩</a></p></li>
<li id="fn:4"><p>"Manx Telecom stronger with new owners, says CEO". Manxtelecom.com. Retrieved 6 June 2019. <a href="https://www.manxtelecom.com/about/media/press-releases-2019/3480-manx-telecom-stronger-with-new-owners-says-ceo" target="_blank">https://www.manxtelecom.com/about/media/press-releases-2019/3480-manx-telecom-stronger-with-new-owners-says-ceo</a> <a href="#fnref:4" class="footnote-back-ref">↩</a></p></li>
<li id="fn:5"><p>"£255m takeover of Manx Telecom sealed". www.iomtoday.co.im. Retrieved 6 June 2019. <a href="http://www.iomtoday.co.im/article.cfm?id=48337&headline=%C2%A3255m%20takeover%20of%20Manx%20Telecom%20sealed§ionIs=news&searchyear=2019" target="_blank">http://www.iomtoday.co.im/article.cfm?id=48337&headline=%C2%A3255m%20takeover%20of%20Manx%20Telecom%20sealed§ionIs=news&searchyear=2019</a> <a href="#fnref:5" class="footnote-back-ref">↩</a></p></li>
<li id="fn:6"><p>"Delivering Our Vision". Manxtelecom.com. Retrieved 23 February 2017. <a href="https://www.manxtelecom.com/document-library/investors/210-2014-annual-report/file" target="_blank">https://www.manxtelecom.com/document-library/investors/210-2014-annual-report/file</a> <a href="#fnref:6" class="footnote-back-ref">↩</a></p></li>
<li id="fn:7"><p>"Manx Telecom Online". manx-telecom.com. Archived from the original on 12 August 2003. Retrieved 17 January 2022. <a href="https://web.archive.org/web/20030812130550/http://manx-telecom.com/default.asp?id=22" target="_blank">https://web.archive.org/web/20030812130550/http://manx-telecom.com/default.asp?id=22</a> <a href="#fnref:7" class="footnote-back-ref">↩</a></p></li>
<li id="fn:8"><p>"British Telecom and Telefonica ownership". Manx Telecom. Retrieved 23 February 2017. <a href="https://www.manxtelecom.com/about/the-company/company-timeline/bt-and-telefonica-ownership" target="_blank">https://www.manxtelecom.com/about/the-company/company-timeline/bt-and-telefonica-ownership</a> <a href="#fnref:8" class="footnote-back-ref">↩</a></p></li>
</ol>

Manx Telecom open-in-new

Manx Telecom