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Telecoms sector

Business news, analysis and updates on key trends related to the UK’s telecommunications sector.

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Acutec snaps up telecoms business

West Midlands-based IT business Acutec has acquired Chase Meadow Communications as it looks to expand its telephony services.
Round-up of today's M&A deals

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Nine Telecom acquires billing service

Kent-based Nine Telecom Group has bought a 100 per cent stake in Dataflow Communications for an undisclosed amount.

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Crown Telecom Solutions adds to technical capacity with Strata Communication acquisition

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Complementary deal for telecoms business

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

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Penta Capital commits £60 million to telecoms venture

Mid-market private equity house Penta Capital has committed £60 million to a new company that has been created to acquire UK managed data service providers.

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Daisy grows mobile offering

Communications company Daisy Group has acquired Outsourcery’s Vodafone mobile voice and data service re-selling service for £12 million.

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Diverse Energy secures £2 million for launch

Octopus Investments has invested £2 million in Diverse Energy, a developer of low-carbon mobile phone tower technology, which will enable the company to take its product to market.

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Bluebell Telecom secures funding

Bluebell Telecom has secured £3.95 million funding from YFM Private Equity and Octopus Investments.

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XLN Telecom in secondary buy-out

Fixed-line, mobile and internet provider XLN Telecom has been acquired from Zeus Private Equity by ECI Partners.

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Manx Telecom acquired by HgCapital

HgCapital has acquired a majority stake in Manx Telecom for £158.8 million.

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NewVoiceMedia raises £4 million

Notion Capital and Eden Ventures have invested £4 million in call centre technology company NewVoiceMedia to help it expand globally.

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Daisy acquires BNS Telecom

Acquisitive telecoms group Daisy has agreed to acquire BNS Telecom Group for £10.5 million in an all-share deal.