Rural north-of-England broadband operator NextGenUs is being sold to new operators after going into administration.
NextGenUs operated superfast fibre-optic and wireless networks in Hull, Ashby and Digby, Lincolnshire, east Yorkshire, North Yorkshire and Cumbria.
It was placed into administration on Friday (April 13), after announcing that it would no longer to be able to pay its bills.
NextGenUs and its sister company, Fibrestream Networks, were put into administration at Leeds Crown Court.
Administrators Redman Nichols Butler were forced to auction the NextGenUs assets at short notice to keep the services running and get the maximum value for creditors. The auction lasted 28 minutes.
Broadband internet services in East Yorkshire and Lincolnshire with about 600 customers were sold to Connexin, a new local phone and broadband operator.
In a statement, Connexin said: “All customers who have paid a year up front with NextGenUs will have their contracts honoured by Connexin, given proof.
“Management at Connexin request that customers remain patient during this transition phase as the company awaits key network access documentation from NextGenUs before it can formally take over the running of the networks.
“Connexin anticipate that handover will be completed quickly, at which point the network will be upgraded and customers will be offered superfast broadband plus a free local number with no line rental.”
Recombu Digital has contacted the administrators and we’ll update NextGenUs users with new owners’ details as they emerge.