
The company, which trades from Ashburton in Devon and supplies fixed wireless, Wi-Fi, switching and cloud management services across the UK, USA and India, filed a notice of appointment in the High Court of Justice Business and Property Courts of England and Wales. The filing took effect on Monday.
David Shambrook, Gordon Thomson, James Woodhead and Joe Barry of RSM UK Restructuring Advisory LLP have been appointed joint administrators. A notice on the company's website tells customers that its affairs, business and property are now being managed by the four practitioners.
The UK entity is an indirect, wholly owned subsidiary of Cambium Networks Corp, incorporated in the Cayman Islands and listed on the US market under the symbol CMBMF. Days before the administration filing, the parent cut 260 jobs worldwide. That is 53.6 per cent of its total staff. The reduction took effect immediately.
No severance payments were made to those affected, according to the company's own statement. Vibhu Vivek, senior vice president for products, was among those whose roles were eliminated. Cambium Networks Corp said it could not yet estimate the cost of the restructuring. Its shares have fallen 92 per cent so far this year, to $0.12.
The administrators intend to sell some or all of Cambium Networks Limited's business lines and assets. The wider Cambium Networks group expects its remaining entities to be wound up through insolvency processes in their respective countries.
The Cambium collapse comes as another UK broadband provider, iTalk Affiliate Telecommunications Ltd, also entered administration, after 19 years of trading. Andrew Pear and Richard Keley of Moorfields Advisory Limited have been appointed administrators for the company, which traded as iTalk Telecom.
Companies House records show iTalk's accounts have been outstanding since 28 March 2025. Neither company had commented by the time the administrators were appointed. Requests remain unanswered.
Once a company enters administration, a statutory moratorium takes effect, shielding it from creditor enforcement while a licensed insolvency practitioner assesses whether the business can be rescued, sold in whole or in part, or wound down. Administrators typically have eight weeks to put proposals to creditors, who then vote on them. Unless extended by the court or creditors, administration lapses automatically after twelve months.