Wifi provider Bitbuzz is to be bought by telecom company UPC for an undisclosed fee. 

The announcement was made by UPC's boss in Ireland, Magnus Ternsjo. 

Bitbuzz provides a range of wifi network services to the hospitality industry, as well as roaming services to foreign network operators. 

The company was founded in Dublin in 2003 and expanded into Britain in early 2008, opening an office there in 2010.

In the first half of this year, Bitbuzz increased its number of registered users by almost 50%, to 2.97 million. 

In August the company said it had increased its revenue by 11% year on year to €1.1m during the first half of 2014.

In recent months UPC has added a number of wifi-based products to its service.

It broadband customers can now safely use other UPC connections to browse the internet, while they can also make calls on its home phone service using any wifi spot.

The company is also set to launch its own mobile service in the new year, following an agreement with Three Ireland.