BT has announced that it has acquired Total Network Solutions Limited (TNS) as part of its strategy to enhance its capabilities in the UK’s Local Area Networking (LAN) and convergent solutions markets. The acquisition enables BT, Cisco’s Global Managed Service Provider of the Year for 2004, to build on its position as the leading provider of Networked IT Services.
(Comms Business Magazine understand the deal does not include the Welsh football league side TNS who famously were knocked out of the European Champions League by Liverpool FC earlier this year.)
TNS has been providing innovative business solutions to UK corporate, public sector and service provider customers for over 14 years. Based in Oswestry in Shropshire, the company employs 92 people and had revenues for the year ending 31 December 2004 of £13.9 million. The company had gross assets as at 31 December 2004 of £9.1 million.
“Today’s announcement marks the next step in our strategy to grow our capability and market coverage in key convergence technologies such as LAN, IP telephony, wireless networking and security, and extends BT’s leadership position in the LAN services market,” said Tom Craig, President, IP Networking, BT Global Services.
“TNS further enhances the range of solutions that BT can provide to its customers, enabling them to thrive in the digital networked economy.”
Together with BT’s acquisition of SkyNet Systems Limited in May 2005, TNS increases BT’s exposure to the rapidly growing business market for integrated IP-based communications solutions. BT is well positioned to provide business customers with all their managed support and core network integration service needs.
“The coupling of TNS with BT’s existing IP networking portfolio, distribution channels and recognised brand creates tremendous opportunities for our clients, employees and partners,” said Mike Harris, founder and Managing Director of TNS. “TNS is a client-focused growth engine that will help drive BT’s success in the digital networked economy age.”