BNS expands offering with 3g acquisition
Monday, April 02, 2007
BNS Telecom Group plc, the AIM-listed telecoms services group to the UK SME and corporate market, has acquired business mobile specialists, 3g Comms Ltd and its sister company 3g Landline Ltd for a total consideration of £4.76 million in cash.
3g, based in Birmingham, is a Vodafone UK service provider specialising in mobile voice and data solutions for SMEs and also sells a small amount of fixed line calls.
Garry Moat, chief executive of BNS, said: “Following our Vodafone UK service provider contract win earlier this month, the acquisition of 3g is another significant step in our strategy to deliver a converged fixed and mobile solution. The 3g management team will stay with the enlarged group, and their expertise, together with their customer base, provides BNS with significant scale with Vodafone UK.”
BNS said the acquisition would be financed through new banking facilities.
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