Inuk expands with £9.5m investment

by Jan Harris

Welsh company, Inuk Networks, which delivers IPTV services to students in halls of residence, has secured a £9.5m investment to expand.

The investment is from public service broadcaster, S4C, through its commercial subsidiary S4C Digital Media Ltd, and venture capital firm, Wesley Clover.

It will allow Inuk to take its Freewire triple-play platform (video, voice and data services) to the mass market in the UK, and also to universities in Ireland and North America for the first time.

Freewire is currently available in over 100,000 student rooms in the UK. It provides broadcast quality TV and carrier-class telephony over closed IP-based networks.

Inuk is currently running final tests on its UK-wide service, which will be the first national deployment of a live TV solution in the UK.

The expansion will allow students to carry on receiving the service if they move out of halls of residence into private rented accommodation.

Freewire is designed to be student friendly, and doesn’t hold customers to a 12-month contract like Sky and Virgin.

Add to Bookmarks:

ADD TO DEL.ICIO.US ADD TO DIGG ADD TO FURL