New telecoms player ready to roll

This is a just one stuffup after the other and is a lesson in corporate politics and colusion.

iBurst Business became successful and this became a problem for certain people in the group who saw it as a threat to their own business. They made life miserable for the iBB staff until they all resigned. On cue (surprise, surprise), Blue Label stepped in and offered the iBB staff a new home and everyone moved into the Blue Label building. This all happened a few weeks ago and they started trading as Blue Label Communications.

A real win-win. :sick: They got rid of their competition and Blue Label got a fully functional and revenue generating business for nothing.

Obviously WBS is the big loser but as the ship is sinking in any case with Vodacom pulling out and the other shareholders refusing to fund the company, no-one really cares what happens to WBS.

Or so it seemed. The sudden about face by Blue Label, telling the ex-iBB staff the deal is off after it's been in place for many weeks and they need to find a new home, smells like they got caught out trying to pull a fast one on the other WBS shareholders by taking the lucrative, and only feasible, portions out of WBS for themselves in direct conflict of their fudiciary duties.
 
This is a just one stuffup after the other and is a lesson in corporate politics and colusion.

iBurst Business became successful and this became a problem for certain people in the group who saw it as a threat to their own business. They made life miserable for the iBB staff until they all resigned. On cue (surprise, surprise), Blue Label stepped in and offered the iBB staff a new home and everyone moved into the Blue Label building. This all happened a few weeks ago and they started trading as Blue Label Communications.

A real win-win. :sick: They got rid of their competition and Blue Label got a fully functional and revenue generating business for nothing.

Obviously WBS is the big loser but as the ship is sinking in any case with Vodacom pulling out and the other shareholders refusing to fund the company, no-one really cares what happens to WBS.

Or so it seemed. The sudden about face by Blue Label, telling the ex-iBB staff the deal is off after it's been in place for many weeks and they need to find a new home, smells like they got caught out trying to pull a fast one on the other WBS shareholders by taking the lucrative, and only feasible, portions out of WBS for themselves in direct conflict of their fudiciary duties.

Aaaah article makes a little more sense now.
 
I hope they can put their own local loop infrastructure up.

There is no company capable of doing this, will never happen. The capital needed will far exceed the roi unless they are looking at a period of 100 years or using wireless.
 
This is a just one stuffup after the other and is a lesson in corporate politics and colusion.

iBurst Business became successful and this became a problem for certain people in the group who saw it as a threat to their own business. They made life miserable for the iBB staff until they all resigned. On cue (surprise, surprise), Blue Label stepped in and offered the iBB staff a new home and everyone moved into the Blue Label building. This all happened a few weeks ago and they started trading as Blue Label Communications.

A real win-win. :sick: They got rid of their competition and Blue Label got a fully functional and revenue generating business for nothing.

Obviously WBS is the big loser but as the ship is sinking in any case with Vodacom pulling out and the other shareholders refusing to fund the company, no-one really cares what happens to WBS.

Or so it seemed. The sudden about face by Blue Label, telling the ex-iBB staff the deal is off after it's been in place for many weeks and they need to find a new home, smells like they got caught out trying to pull a fast one on the other WBS shareholders by taking the lucrative, and only feasible, portions out of WBS for themselves in direct conflict of their fudiciary duties.

Who are you ibb? Just an anonymous poster?
 
Sounds like two years ago when Neotel was "ready to roll". All Neotel have done since then is roll their own droll and smoke it.
 
Who are you ibb? Just an anonymous poster?

I'm very 'close' to you ;)

But that is not important. What is important is how these people are killing iBurst. My CV is in the market and I would suggest you do the same urgently.
iBurst won't see the end of this year.
 
I'm very 'close' to you ;)

But that is not important. What is important is how these people are killing iBurst. My CV is in the market and I would suggest you do the same urgently.
iBurst won't see the end of this year.

No-one close to me hides behind anonymous postings. That is just very bad form and lacking integrity.
 
Top
Sign up to the MyBroadband newsletter
X