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New Kid On The Block "Angie". Is it a Con?
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Old 23-05-2015, 15:52   #1
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New Kid On The Block "Angie". Is it a Con?

Recombu is reporting that a new company called Angie is to build a FTTP network to millions of homes offering speeds of 10Gbps. It's also building a nationwide wireless network too. Link here:

https://recombu.com/digital/article/...ister-interest

I've gone onto Angie's website and read through bits of their 170 page business plan and think it's all a load of guff.

What do you think? Are they genuine? Have you ever heard of them before? I think they may be a trap to lure in ill informed investors. If I'm wrong, they could be the best thing since sliced bread for this country.
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Old 24-05-2015, 02:58   #2
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Re: New Kid On The Block "Angie". Is it a Con?

This has been floating around for a little while now:

http://www.ispreview.co.uk/index.php...-premises.html

Most people are skeptical to say the least.
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Old 24-05-2015, 11:44   #3
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Re: New Kid On The Block "Angie". Is it a Con?

.... I missed that when it was posted on isp review. Thanks.

Just looking at the twitter conversation between the company and other people, it's clear this company is not for real.

A con it is!
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Old 24-05-2015, 14:48   #4
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Re: New Kid On The Block "Angie". Is it a Con?

Quote:
Originally Posted by ISPR comments section
Looking at this press release you have to wonder if the writing of it involved a white powder that most definitely wasn’t salt.
The boss gives the impression of being a complete ****** too. How defensive and aggressive is this?

https://twitter.com/hunt_jon/status/593040367542472704
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Old 24-05-2015, 22:39   #5
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Re: New Kid On The Block "Angie". Is it a Con?

Haha... this guy...
http://www.bizjournals.com/kansascit....html?page=all

Ah well, one can dream...
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Old 25-05-2015, 14:00   #6
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Re: New Kid On The Block "Angie". Is it a Con?

I think it's fair to say there's more chance of me having XGPON installed in my rectum than there is of that guy doing a major fixed and wireless rollout in the UK.
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Old 25-05-2015, 21:29   #7
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Re: New Kid On The Block "Angie". Is it a Con?

...a bit like the guy here a few years back claiming that there was a new all singing all dancing TV on demand thing on the way....what was his name and the on demand things name, anybody remember?
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Old 26-05-2015, 07:27   #8
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Re: New Kid On The Block "Angie". Is it a Con?

PlayTV.

http://www.cableforum.co.uk/board/64...5-play-tv.html
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Old 26-05-2015, 10:17   #9
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Re: New Kid On The Block "Angie". Is it a Con?

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Epic thread.
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Old 26-05-2015, 21:30   #10
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Re: New Kid On The Block "Angie". Is it a Con?

The plot thickens on this one.... Recombu is reporting that Angie has secured £700m in funding. If they're a fraud, some people are going to lose a lot of dosh. What the hell is going on here?

https://recombu.com/digital/article/...and-investment
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Old 27-05-2015, 00:08   #11
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Re: New Kid On The Block "Angie". Is it a Con?

They've repeatedly claimed to have "secured" insignificant amounts of funding, none of which has ever come to anything.

£700m won't even pay for a license to start running a mobile network, let alone build three and a fibre network with it.
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Old 27-05-2015, 01:54   #12
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Re: New Kid On The Block "Angie". Is it a Con?

I just did a quick check on the private equity firm that has invested £700m in Angie, and like Angie it is Dutch registered. The company is called NSL & Co and its founding partner is Neal S. Lachman who is also the boss of Angie....

I'll slap myself a few times and stop trying to talk myself into thinking this has anything other than fraud written all over it.
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Old 27-05-2015, 02:52   #13
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Re: New Kid On The Block "Angie". Is it a Con?

Quote:
Originally Posted by Horizon View Post
The company is called NSL & Co and its founding partner is Neal S. Lachman who is also the boss of Angie....
Lol!
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Old 27-05-2015, 12:37   #14
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Re: New Kid On The Block "Angie". Is it a Con?

Quote:
Originally Posted by qasdfdsaq View Post
They've repeatedly claimed to have "secured" insignificant amounts of funding, none of which has ever come to anything.

£700m won't even pay for a license to start running a mobile network, let alone build three and a fibre network with it.

I should imagine that even cabling a couple of reasonably sized areas (so they can ensure they can finance their own builds as much as possible, thus minimising loans and therefore costs) is going to cost a few billion..
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Old 25-02-2017, 16:07   #15
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Re: New Kid On The Block "Angie". Is it a Con?

A DEAL to make Slough the world’s ‘first wireless city’ has sensationally collapsed, with the telecoms company in question(Angie Communications) pulling out and the Borough Council distancing itself from the venture.


http://www.sloughobserver.co.uk/news..._in_the_water/
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