– ISLE OF MAN – Manx Telecom Plc (AIM: MANX), the leading communication solutions provider on the Isle of Man, announces the appointment of Christopher Hall to its Board as Independent Non-Executive Director, subject to approval at the Company’s AGM on 15 June 2016. Mr Hall will succeed Sir Miles Walker, who is stepping down from his role as a Non-Executive at the AGM.
Mr Hall has over 30 years’ telecoms industry experience and strong local connections on the Isle of Man, having previously worked at BT and Manx Telecom Ltd. He joined the Company in 1997 as Director of Business Development, Mr Hall was appointed Managing Director in 1999 until his departure in 2011. During that time, Mr Hall oversaw significant changes at the business including its sale from Telefonica in 2010.
Gary Lamb, CEO said: “Chris brings with him invaluable industry knowledge, as well as a deep understanding of the market following his time as Managing Director. Chris’s work with other businesses in the technology and software sector also provides him with a unique perspective on our industry and the critical issues that are likely to effect the business in the coming years. I’m confident he will provide sound advice to support our ongoing strategy and make a positive contribution to the growth of the business.”
“I would like to thank Sir Miles for his invaluable contribution to the board over the past 13 years and for his considerable support and wise counsel.”
About Manx Telecom
Manx Telecom is the leading communication solutions provider on the Isle of Man, offering a wide range of fixed line, broadband, mobile, and data centre services to businesses, consumers and the public sector on the Isle of Man as well as a growing portfolio of innovative hosting and “Smart SIM” solutions to off-Island customers.
Manx Telecom has a record of innovation, being the first European operator to launch a 3G mobile service and the first in the world to launch a 3.5G mobile service. 4G service launched in the summer of 2014, and it is now available to contract and pre-pay customers with 99% population coverage. The Company’s high speed VDSL broadband service (Ultima) is available to 87 per cent of homes on the Island. A VDSL Plus service launched in February 2015.
The Company has three data centres (two of which are Tier 3) plus international connectivity and its operations are business-critical to the economic strategy of the Isle of Man.
One of the largest employers on the Island, Manx Telecom employs nearly 300 people. The company plays a major role in the wider community through a range of activities, including charitable donations, sponsorships, and corporate social responsibility initiatives.
The company is proud to sponsor the Manx Telecom Parish Walk, Tough Mann Adventure Challenge, Manx Telecom End2End Mountain Bike Challenge, Team Manx Telecom (Manx Road Club) and Royal Manx Agricultural Show as well as other smaller events. Manx Telecom also donates annually to local causes through the company’s “It’s our Community” programme.
The Isle of Man has a resilient and growing economy which has experienced 31 years of unbroken GDP growth. Unemployment is low at 1.9 per cent, and there is a zero per cent corporate tax rate which applies to the vast majority of Manx Telecom’s business and means that the Group currently pays no corporation tax on its annual profits.
Manx Telecom is listed on the Alternative Investment Market of the London Stock Exchange with the ticker MANX.
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