TBS has agreed to partner in a joint venture with UK.-based Internet-Related Services (IRS) for broadband in England and Wales.
The deal, announced Tuesday, will see TBS and IRS provide services to UK ISPs to help them with the provision of broadband in areas with limited capacity and speed.
“This partnership with TBS is an important first step in helping UK broadband providers deliver the broadband services they need,” said TBS Chairman and CEO Tom Simpson in a statement.
“IRS will help deliver this vital service to the hundreds of millions of customers who rely on the broadband they receive.”
In a press release, TBS said it will be using its global network of Internet-based providers to “ensure that the most effective delivery of the broadband service will be delivered to the right people in the right place.”
The partnership will involve the establishment of a “digital hub” in the UK for TBS’ Internet- related services.
It will also involve the provision and delivery of broadband infrastructure, and will involve IRS “to help deliver broadband services in the most efficient way possible for the customers of these broadband providers.”
The press release said the partnership will help ensure that “the most effective deployment of broadband services will be achieved for the millions of UK households and businesses who rely upon broadband in their daily lives.”
The launch of the partnership comes as the UK government announced that it would create an Internet Regulatory Agency (IRA), which will be tasked with “regulating the use of the internet and the development of a set of regulatory frameworks for the digital economy.”
According to the press release announcing the partnership, the goal of the new agency is “to provide a regulatory framework for the development and deployment of digital businesses and the provision, maintenance and availability of digital services.”
The U.S. government’s own National Telecommunications and Information Administration (NTIA) announced a similar plan earlier this year, but the U.N. agency is currently focused on creating an Internet Governance Forum to oversee the development, deployment and management of a global digital economy.
In addition to the U, the UAW, United Auto Workers, and several other labor groups have signed onto a letter calling for an independent agency to oversee a digital economy, arguing that it’s “inconceivable” that a U.G. government would regulate a digital marketplace without creating a digital infrastructure that would be capable of overseeing such a transition.
The new agency will also have a “strategic partnership” with the UBS Group, which will help U.KS. companies and service providers “develop, manage and expand their digital businesses in the U., U. K., and U. Ireland.”
“The U. S. Government is creating a world-class digital economy that will be the envy of the world,” said UBS Chairman & CEO Werner Spohr in a press statement.