Arqiva set for hotspot deal

COMMUNICATIONS firm Arqiva has made an agreed £23.4m bid for Wi-Fi operator Spectrum Interactive, which would create one of the UK’s largest internet hotspot providers.

The deal is set to put Arqiva in control of hotspots in over 2,100 locations. It will compete with the likes of BT and Virgin Media, although unlike its rivals it will only sell its services to businesses.

Arqiva, which already owns 1,000 transmitter sites, said the deal would allow it to bolster its fast-growing mobile data business.