Broadband supplier VISPA goes bust as clients issued pressing message
Broadband provider VISPA announced it has ceased trading after 26 years after announcing in an email to customers that it plans to ‘commence liquidation proceedings’
The company has ceased trading after 26 years(Image: Getty )
A UK broadband company has announced it has ceased trading after 26 years. Customers were informed of the news via email and urged to switch suppliers “immediately” and cancel their direct debits.
The company sold a variety of Openreach based broadband packages and recently delved into full fibre (FTTP) broadband networks, as well as running its own Fixed Wireless Access (FWA) network according to The Sun.
Now, several VISPA customers have received an email from the company’s boss, informing them “that Vispa Limited has ceased trading and decided to commence liquidation proceedings”.
It said: “As a result, we regret to advise that Vispa will no longer be able to continue providing broadband services.
“To avoid any interruption to your connectivity, you will need to immediately choose a new Internet Service Provider (ISP) as soon as possible.”
Last month, VISPA’S MD, James Ormerod announced the firm had “stopped accepting new orders” for broadband and phone services supplied on Fibre-to-the-Premises infrastructure due, seemingly, to a lack of “support” and other “issues,” according to ISPreview.
The same publication broke the news today sharing an email sent to customers titled: “Urgent: Vispa has now ceased trading. Please cancel your Direct Debit!”
The email adds: “We also strongly recommend that you cancel any active Direct Debit or standing order you have in place with Vispa Limited to prevent any further payments being taken.
“We understand this news may be inconvenient and we sincerely apologise for the disruption this causes. We would like to thank you for your custom and support over the years.”
The news comes after we reported a similar fate for proivder, G Network after it was acquired by FitzWalter Capital after racking up around £300 million in debt.
The network provider, which has 25,000 customers supplies high-speed internet services for customers in the London area. FitzWalter Capital will now sell off G Network’s customer base and fibre network.
A number of investors, including NatWest and Santander, are expected to take a writedown.
This is a breaking news story and is being constantly updated. Please refresh the page regularly with the latest news, pictures and videos.
**You can also get email updates on the day’s biggest stories straight to your inbox ** by signing up for our newsletters.
Get all the very best headlines, pictures, opinion and video on the stories that matter to you by following Daily Star every time you see our name.
**Follow Daily Star on Android – ** CLICK HERE
**Follow Daily Star on Apple – ** CLICK HERE
**Follow Daily Star on Snapchat – ** CLICK HERE
You can also sign up for Twitter alerts for breaking news by following @starbreaksnews and follow us @dailystar for all the latest updates.
Keep up-to-date with your must-see news, features, videos and pictures throughout the day by following us on Facebook at Daily Star.
