Edge Telecom parent buys Invomo

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GCI Telecom Group, trading as brands Edge Telecom and IPI, has bought telecoms service provider Invomo for an undisclosed fee, creating a group with £40 million of annual revenues and 140 staff.

GCI Telecom has completed eight acquisitions in the last four years, including the purchase of IP Infrastructures (IPI) late last year.

Edge Telecom offers fixed voice, VoIP and mobile services for corporates, SMEs and consumers in the UK. It is one of the largest independent LLU operators in the UK with a network in major cities for business data solutions. Its portfolio includes outbound telephony, billings solutions, PBX sales and services for ISPs.
 
IPI is a service provider of managed telecoms, and achieved Tech Track 100 status in 2007 and 2008.

GCI Telecom chairman Wayne Martin and chief Don McQueen take charge of the expanded operation, with Invomo chief Nick Wiley (pictured) departing. The company is privately owned by Martin, McQueen and non-executive director James Keay.

Invomo adds a range of inbound telephony and network services to GCI Telecom’s portfolio of outbound telephony solutions and corporate data services.

McQueen said: “I’m delighted to announce a new start for Invomo with the acquisition by GCI Telecom.

“This is really positive for Invomo and its customers as GCI Telecom is an expanding and profitable telecoms group. Today GCI Telecom provides outbound telephony, VoIP and data services in the UK.

“The acquisition of Invomo will add an important arm to GCI Telecom’s offering with the addition of inbound telephony services, infrastructure, resources and customers; resulting in a comprehensive value-added telecoms services portfolio for UK companies.”
 
“Being part of a larger and growing group is great news all round, especially for our customers. This acquisition provides greater opportunities with a broader range of high quality voice and data services.”
 
Wiley said: “As well as clear synergies between the GCI Telecom and Invomo businesses the company is committed to the communications sector and to the creation of a business that, like Invomo, focuses on the customer’s business challenges, rather than simply on telecommunications technology.”

 

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