Complementary deal for telecoms business

New Call Telecom has acquired certain assets of Value Call from TalkTalk.


New Call Telecom has acquired certain assets of Value Call from TalkTalk.

New Call Telecom has acquired certain assets of Value Call from TalkTalk.

Under the terms of the deal, which was for an undisclosed amount, the assets being acquired include the International Instant Dial Around services trading under the brands Just Dial, Rate Buster and Topup2talk.

According to a statement Value Call generated revenues of £3.8 million for the year ended 31 March 2011.

London-headquartered New Call Telecom says the deal is part of a strategy to reach 250,000 new subscribers in the next five years.

Chief executive officer of New Call, Nigel Eastwood, says the purchase is complimentary to its Planet Talk range of products and will give the business better access to customers dialling from the UK into Australia, New Zealand and Eastern Europe.

He adds: ‘The acquisition also delivers New Call a great opportunity to sell our fixed line and broadband Primus Saver services to a large group of customers.’

New Call are set to target additional acquisitions as it aims to attract its new customers, as well as pursuing organic growth.

Todd Cardy

Todd Cardy

Todd was Editor of GrowthBusiness.co.uk between 2010 and 2011 as well as being responsible for publishing our digital and printed magazines focusing on private equity and venture capital.

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Telecoms sector