Business Services

Urban Wimax sets target to double customer base following £2.15m funding through Breakthrough

Business connectivity provider Urban Wimax aims to double customer numbers in the next 12 months following a multi-million pound investment. The company has rebranded itself as Luminet following the acquisition of £1.5m turnover IT services and data centre company Vital Group for an undisclosed sum. A £2.15m investment secured through our Breakthrough programme has seen it upgrade its core connectivity network and unbundled 22 London telephone exchanges to provide bespoke fibre broadband services. It now plans to double its 500-strong customer base over the coming year by offering a new Performance Management platform to customers which routes connectivity to business critical applications.


Note: News bulletin content has been provided by a third-party and is not the opinion of Santander.


Other Articles

When you’re an established business, recruiting top talent in all the areas you need can seem like a never-ending challenge.


If you’re a start-up or small business, how can you put together an attractive employee package to appeal to top talent – graduate and…


Mexico is predicted to become one of the world’s top 10 economies in the next 10 or 20 years.

Stop fraud

More than one million incidents of financial fraud occurred in the first six months of 2016, according to official figures released by…

Santander’s Head of SME International Mark Collings discusses why exporting to new global markets may provide businesses with new and…

Where Next?