Maintel, the AIM listed telecoms and data services company, has announced the acquisition of business-to-business mobile communications specialist, Totility Ltd.
The acquisition will strengthen Maintel’s position in the communications marketplace, adding to its service proposition at a time when the company is achieving excellent results in a challenging market. Maintel’s half-year results, posted Monday 12 September, show growth of 20 per cent and a rise in profit before tax of 18 per cent when compared with the same period in 2010.
Totility is a profitable Surrey-based business with 12,000 connections with Vodafone and O2. Totility is a good fit with Maintel, providing expertise in the increasingly important Fixed Mobile Convergence market, and with the same high levels of commitment to customer service and support that have underpinned Maintel’s growth.
Following the acquisition, which is subject to shareholders’ approval, the Totility business, customers and staff will be incorporated into Maintel’s London-based HQ. Totility’s Managing Director Terry McKeever will continue to lead the mobile business as it is integrated with Maintel.
Maintel has a track record of successful acquisitions, having delivered strong results from its 2010 purchase of Redstone’s business assets, which has enhanced its Avaya capability and led to the award of Avaya Service Expert status this year.
Eddie Buxton, Maintel CEO, says: “Increasingly, customers are looking for a unified solution to their telephony by converging fixed and mobile networks. The acquisition of Totility enables us to enhance the mobile element of our offering.”
“This acquisition underlines our commitment to future growth and the provision of a complete, one-stop communications service, backed by our industry-leading standards of customer support.”