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PlusNet plc acquires Metronet

PlusNet is joining the likes of Pipex in increasing its user base by acquiring Parbin Ltd, the company trading as Metronet for £1.7m in cash.
Metronet has over 16,000 broadband customers

“The acquisition of Parbin gives us access to a business with a strong reputation and a growing broadband customer base. We plan to broaden product choice and enhance
customer support including 24/7 coverage for Metronet’s customers.”

Lee Strafford (Chief Executive), PlusNet plc

Metronet has been one of the early adopters of usage charges for broadband connections, although their pricing has a cap which comes into effective at the maximum cost. According to PlusNet, the
acquisition means that Metronet customers will have access new new services offered by the company including 24×7 support.

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