Concept

Thus (company)

Résumé
Thus was a telecommunications provider operating in the United Kingdom based in Glasgow, Scotland. The company was once listed on the London Stock Exchange and became a subsidiary of Cable & Wireless Worldwide (CWW). Following the acquisition of Cable & Wireless Worldwide by Vodafone in July 2012, the company was gradually integrated into Vodafone. This was completed on 1 April 2013. History The company was founded in 1994 as Scottish Power Telecommunications Holdings Ltd (trading as Scottish Telecom), an offshoot of the energy company Scottish Power. In 1998 the company acquired Demon Internet. Rod Matthews, who had founded the business, remained as Chief Executive until 1999. On 4 October 1999 Scottish Telecom announced their new name "thus". A short while later in 1999, the newly named Thus PLC listed on the London Stock Exchange. In 2002 it was demerged from Scottish Power in a deal which effectively wiped out the majority of the company's debts, placing the company o
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