Telecoms sector

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


Datatec acquires NetStar

Communications technology company Datatec has acquired NetStar Group, an IT support services business, for $19.8 million (£12.1 million).


Daisy in bloom

The recession hasn’t stopped Daisy Group from going on the acquisition trail. James Harris reports


Daisy Group in double acquisition

Daisy Group Plc, an Uxbridge-based provider of broadband services, has acquired rivals AT Communications Group Plc and Eurotel for a combined consideration of £20.5 million.


Cambridge Broadband gets $7.5m

Cambridge Broadband Networks, a privately held provider of intelligent point-to-multipoint microwave backhaul services, has secured $7.5 million.


Ipanema raises $7 million from Noble

Networking specialist Ipanema Technologies has raised $7 million (£3.8 million) to expand its geographical coverage and grow its research and development (R&D) team.


Imagine Communications acquires Irish Broadband

Irish telecoms group Imagine Communications has acquired internet service provider Irish Broadband for €47 million (£37 million) in a debt-free deal.


Eurotel in £44 million buy-out

Inflexion Private Equity, a specialist in the small mid-market, has led the secondary buy-out of business telecoms provider Eurotel for £44 million.


3i buys Finnish telecom shareholding

A private equity and venture capital provider has bought a 13% stake in a Finnish telecoms company. 3i paid €140 million (£94.7 million) for the shareholding in Finnet, which will now trade as DNA.


Truphone in £12.5 million funding round

Mobile internet network operator Truphone has secured £12.5 million in the largest initial round of venture capital funding in the European technology sector in 2006.