TIDMBBB

RNS Number : 5450A

Bigblu Broadband PLC

24 May 2023

24(th) May 2023

Bigblu Broadband plc

('BBB' or the 'Company' or the 'Group')

Result of AGM

Bigblu Broadband plc (AIM: BBB.L), a leading provider of alternative super-fast broadband services, announces that at its Annual General Meeting held yesterday, all resolutions were duly passed.

For further information:

 
 Bigblu Broadband Group p lc                  www.bbb-plc.com 
 Andrew Walwyn, Chief Executive Officer 
  Frank Waters, Chief Financial Officer 
 
 finnCap (Nomad and Broker)                   Tel: +44 (0)20 7220 
  Marc Milmo / Simon Hicks / Charlie Beeson    0500 
  (Corporate Finance) 
  Tim Redfern / Harriet Ward 
  (ECM)

ABOUT BBB

Bigblu Broadband plc (AIM: BBB.L), is a leading provider of alternative super-fast broadband solutions throughout Australasia and the Nordics. BBB delivers a portfolio of super-fast wireless broadband products for consumers and businesses unserved or underserved by fibre.

High levels of recurring revenue, increasing economies of scale and Government stimulation of the alternative broadband market in many countries provide a solid foundation for significant organic growth as demand for alternative super-fast broadband services increases around the world.

BBB's range of solutions includes satellite, next generation fixed wireless and 4G/5G delivering between 30 Mbps and 150 Mbps for consumers, and up to 1 Gbps for businesses. BBB provides customers ongoing services including hardware supply, installation, pre- and post-sale support, billings and collections, whilst offering appropriate tariffs depending on each end user's requirements.

Importantly, as its core technologies evolve, and more affordable capacity is made available, BBB continues to offer ever-increasing speeds and higher data throughputs to satisfy market demands for 'video-on-demand'. Its alternative broadband offerings present a customer experience that is similar to that offered by wired broadband and the connection can be shared in the normal way with PCs, tablets and smart phones via a normal wired or wireless router.

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END

RAGSEUFELEDSELI

(END) Dow Jones Newswires

May 24, 2023 08:50 ET (12:50 GMT)

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