Press Releases

The Cloud - Fast Growing Wi-Fi Company

28th September 2008

RECOGNISED IN THE SUNDAY TIMES MICROSOFT TECH TRACK 100

The Cloud, the independent European market leader in wireless broadband services today announced its inclusion, at number 23, in the Sunday Times Microsoft Tech Track 100. This recognition follows two years of significant business development including major deals with O2 for Apple's iPhone, the roll out of free Wi-Fi in 1200 McDonald's restaurants and the switch-on of Europe's most advanced Wi-Fi network across the City of London.

Sales have increased from £1.1m in 2004 to £8.2m in 2007 and are expected to soar beyond £15 million in 2009.

"We has seen the business transformed over the past couple of years as our innovative perspective on how customers would like to use mobile devices starts to capture the markets imagination", says CEO Steve Nicholson. "Our perspective is resulting in significant growth though in truth the journey is only just beginning - we believe that the market is close to reaching the critical tipping point where mass consumer adoption of wireless broadband will be realised. The Cloud is perfectly positioned to drive the markets development in partnership with some of the world's leading handset manufacturers, operators, media and site estate owners - our growth is set to continue."

The Cloud is led by Steve Nicholson and an executive team including co-founder Niall Murphy. It currently has c20,000 hotspots 12,000 and delivers over a million internet connections per month.

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About The Cloud

The Cloud was launched in 2003, is privately owned and has rapidly established itself as the clear independent European market leader in wireless broadband services.

The Cloud provides hotel chains, fast food & retail outlets, transport hubs and city councils / regional authorities with state of the art Wi-Fi solutions that provide mobile customers with a fast, simple and cost effective means to connect to the Internet over laptops, mobile phones and mobile entertainment devices.

The Cloud is based in the UK, with European offices in Munich in Germany, Stockholm in Sweden and Copenhagen in Denmark - The Cloud has network coverage in over 10,000 European locations spanning 11 European countries with plans for further expansion as Wi-Fi becomes the preferred option for mobile connectivity to the Internet.

The Cloud is pioneering 'free to view' public access services, leading the markets development of a fast, simple and fully interactive audio / video user interface, through working closely with leading device manufacturers, such as Nokia & Apple, mobile operators, such as O2 & Vodafone and leading retail chains, such as McDonalds.