About Plusnet
Plusnet is a company based in Sheffield (United Kingdom) founded in 1997 was acquired by British Telecom in November 2006. It operates as a Subscription Services. Plusnet has completed 1 acquisition, including MetroNet. Plusnet offers products and services including Full Fibre Broadband, Fibre Broadband, Plusnet Safeguard, and Plusnet Protect. Plusnet operates in a competitive market with competitors including KPN, Orange Polska, Ciena, Hong Kong Broadband Network and FPT Telecom, among others.
- Headquarter Sheffield, United Kingdom
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Sectors
Telecommunications
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Phone
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Website
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Social
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- Legal Name Plusnet Plc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Acquired by
British Telecom
(Nov 16, 2006)
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Products & Services of Plusnet
Plusnet offers a comprehensive portfolio of products and services, including Full Fibre Broadband, Fibre Broadband, Plusnet Safeguard, and Plusnet Protect. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Ultrafast broadband is provided with speeds up to 900Mb.
Reliable broadband is offered with speeds up to 66Mb.
Web content filtering is included for household protection.
Online threat protection is provided for user devices.
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Funding Insights of Plusnet
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Plusnet
Plusnet has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include British Telecom. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Provider of mobile phones and fiber broadband services for home & business
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Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Plusnet
Plusnet has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include MetroNet. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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IPTV, Internet and Phone Service Provider
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2005 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Plusnet
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Plusnet Comparisons
Competitors of Plusnet
Plusnet operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as KPN, Orange Polska, Ciena, Hong Kong Broadband Network and FPT Telecom, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Mobile and fixed-line telecommunication services are provided across Europe.
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Telephony, internet, and data transmission services are provided in Poland.
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Cloud-based network management software is provided for infrastructure planning.
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Provider of fibre optic broadband internet services
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Broadband internet, IPTV, and data services are offered in Vietnam.
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Telecom services provider in Israel
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Plusnet
Frequently Asked Questions about Plusnet
When was Plusnet founded?
Plusnet was founded in 1997.
Where is Plusnet located?
Plusnet is headquartered in Sheffield, United Kingdom. It is registered at Sheffield, England, United Kingdom.
Who is the current CEO of Plusnet?
Andy Baker is the current CEO of Plusnet.
What does Plusnet do?
Broadband services, including Full Fibre and Fibre packages, are offered by Plusnet to residential customers in the UK. Internet connectivity with speeds up to 900Mb is provided, catering to various household needs such as streaming, gaming, and home working. Security solutions like Plusnet Safeguard and Plusnet Protect are included to ensure safe online experiences. The company focuses on straightforward pricing and award-winning customer service, with operations powered by 100 renewable energy since 2021. Additional perks and rewards are extended to customers as part of their subscription plans.
Who are the top competitors of Plusnet?
Plusnet's top competitors include KPN, Ciena and Orange Polska.
What products or services does Plusnet offer?
Plusnet offers Full Fibre Broadband, Fibre Broadband, Plusnet Safeguard, and Plusnet Protect.
How many acquisitions has Plusnet made?
Plusnet has made 1 acquisition, including MetroNet.
Who are Plusnet's investors?
Plusnet has 1 investor. Key investors include British Telecom.
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