Leading regional telephone systems, data solutions and unified communications business to become part of TalkTalk Business.
TalkTalk Telecoms Group plc, the UK fixed line voice and broadband telecommunications business, has announced the acquisition this week of the entire issued share capital of North east based reseller Executel Limited for an undisclosed sum.
Executel is a provider of telephone systems, data solutions and unified communications to the public and private sectors. The business will now be managed by TalkTalk Business and is expected to contribute around £8 million of incremental revenue in the current financial year.
Paul Lawton, CEO of TalkTalk Business, said, “Executel is a long term and valued partner of TalkTalk Business. Strategically they fit extremely well with our existing operations and give us a much stronger position in the North East of England. The deal underlines our ambition to grow our capabilities whilst strengthening our sales and engineering operations.”