Biscit falls into administration
Recently, Biscit customers’ have been going through a lot of twist and turn and it looks as if Biscit is going deep into its administration to find out a suitable solution for its customers. Piper Thompson is Biscit’s insolvency specialist and is very concerned how the company is going to resolve their internal and external and external affairs to overcome this situation. Piper confirms that he has been appointed as the new administrator for Biscit, this Monday and that his aim is to find out a buyer to dissolve Biscit once and for all. There have been few offers but piper wants to dissolve Biscit without any hassle.
Due to all this, Biscit has stopped taking any new customer and those who have already existed are suffering from poor service quality, frequent service outages. With lots of issues rising up lately due to so many bounced cheques, it looks though that this is going to be the end of Biscit. Even their Chief Executive Officer Hugh Paterson has resigned from the position.
The end of Biscit is certain as it has also taken out its membership from the ISPA (the Internet Service Provider’s Association) and is no longer a member of any arbitration scheme where the membership is mandatory for every broadband provider, as laid down BY the Ofcom, the regulatory authority.
Last year as well Biscit had a dispute with NetServices (the wholesale provider) when the NetServices was removed out of the Biscit’s acquisition, V21 and until now Biscit has believed to have connected almost around 35,000 business and home based customer to its broadband services.
