Following a report from INCA and Point Topic that altnets have now passed more premises in aggregate than Openreach, Neos CEO Lee Myall states that consolidation is the next natural step.
Tue, 27/02/2024 - 11:22
Telecom Acquisitions has achieved a record trading quarter with 22,000 new residential broadband customers signed up since last autumn.
The three businesses in the TAL Group; Home Telecom, Fleur Telecom and Eclipse Broadband, have secured 16,000 customers via acquisitions and strategic partnerships, plus 6,000 more organically.
CEO Nigel Barnett said: “Our focus on the residential broadband supply sector will provide rapid growth for the group, with the support of the ISPs and large altnets we have partnered with.” This includes CityFibre, MS3, FullFibre and Freedom Fibre.
To increase organic growth, TAL has signed a marketing deal to bring its brand to houses on the footprints of CityFibre and TalkTalk across the UK.
TAL will shortly announce a new wholesale offering to UK resellers and ISPs, plus a Layer 3 service.
Barnett adds: “In the last 15 months we have grown to circa 100,000 customers, returning a £40m turnover. With further acquisitions on the horizon were looking forward to a very successful 2024.”
