Tag

Telecoms sector

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

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Daisy buys Redstone Telecom

Serial acquirer Daisy Group Plc has agreed to acquire rival Redstone Telecom for up to £17 million.

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Daisy in bloom

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

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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.

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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.

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Hello Telecom acquires TelNG

Hello Telecom Plc, a supplier of communications systems and services to UK corporates, has acquired the hosted voice business and customers of telecommunications company TelNG in an all-share deal. 

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British team buys TelecomFM 

The managing director of a Slough-based telecom specialist has led his fellow directors in a buy-out of the business from its US parent.

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Aberdeen Asset Managers backs NESSCO  

Management at an Aberdeen-based telecom company is to expand its operations internationally after securing some £15 million from a syndicate of investors.

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Varma buys stake in telecoms company

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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.

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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.

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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.

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AFL buys Swedish competitor

AFL, a Buckinghamshire-based radio frequency engineer and wireless technology company, has bought rival Avitec for £24 million.