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(Alliance News) - Bigblu Broadband PLC on Thursday said it has hired Phil Moses as a non-executive director effective from May, and said Chief Technology Officer & Executive Director Simon Clifton will step into a non-executive role.
The broadband services provider also said that Stephen Morana will be stepping down from his role as a non-executive director effective from the company's annual general meeting in May.
Newly-hired Moses was previously chief financial officer of BT Group PLC divisions BT Ignite and Openreach. He was also chief financial officer of Liquid Telecom, a subsidiary of telecommunications group Econet Global Ltd.
"We are delighted to welcome Phil to the board. His experience will be a valuable addition as we aim to deliver strong growth and profitability. We look forward to working with Phil during the next phase of our development - focused on growing recurring revenues, increasing economies of scale and benefiting from high operational gearing, said BigBlu Chief Executive Andrew Walwyn.
"We would also like to thank Simon and Stephen who were instrumental in assisting our development to date and remain strong supporters of the company," he added.
BigBlu shares were trading 3.1% higher at 73.70 pence each on Thursday afternoon in London.
By Ife Taiwo; ifetaiwo@alliancenews.com
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