Olive continues drive with addition of 10,000 connections

Written by: Michael Garwood
Olive continues drive with addition of 10,000 connections

Customer base extended to more than 60,000 lines with two company and one customer base purchase

Olive Communications has continued its acquisition strategy, sealing deals with three more dealers with a fourth close to completion.

The deals will add more than 10,000 connections to Olive’s base, which stands at around 62,000 – of which 50,000 are on Vodafone.

The Vodafone platinum partner has acquired Chester-based Parkway Telecom, worth around 4,000 Vodafone connections and an ARPU of £40. Parkway will be rebranded next year. Its office and all seven staff have been retained, including group managing director Paul Maddocks, who has agreed a three-year deal with Olive as regional director.

Olive has also acquired Orpington-based Mobile Phone Centre (MPC), worth 2,500 Vodafone connections, and the Vodafone base of Yeovil silver partner Airwaves for 600 connections. MPC’s office is to
be closed.

These latest moves take the number of acquisitions by Olive in 2012 to six, it having already acquired Vodafone bases from MPC London, Connection 365 and Pioneer. All deals are for an undisclosed fee.

Olive chairman Mark Geraghty (pictured) confirmed Olive is now close to tying up a fourth deal, worth around 3,500 Vodafone connections.

Geraghty also confirmed the firm is leaving its High Wycombe HQ for a larger premises nearby to accommodate its growth.

Olive started the year with 25 staff, but now has more than 70. A further 10 will join in January.

Geraghty said: “2012 has been a big year for us and plans are in place to carry that momentum into 2013.”

Leave a Reply

To advertise on this site, call 0203 122 0872

Recent Comments

It would be good if they focused on increasing network capacity, rather than technology that decreases the poor capacity Vodafone already sports....
Suggest you seek help for the distress we have caused you. In the meantime, it has been corrected. Best of luck....
Will the author of this article please note that the "it's" at the beginning should be am "its". WITHOUT THE APOSTROPHE. Dreadful to see on GOOGLE NEWS....
Er...is he also responsible for EE being down - eeek! There is a lot of current ill feeling depth from your customers, I hope he has an understanding of - a lot of feedback on internet about poo...
Only had my SIM a month paid thru Paypal, disputed it an got my money back after a few days :-) Moved to 3 and used the PAC code from OVIVO with no problems. Shame such a good deal has gone...
"Microsoft Devices taunted its rivals". You mean in the same way that Caterham taunts Ferrari and Bugatti?...
Corrected. Thank you...
this company is the worst company ever. they have refused to terminate a contract saying there is a no returns policy. orange have advised me otherwise. the level of customer service this com...
Are there any updates on this effort? Has Ofcom made any decisions about policies to help manage numbers to ensure they don't run out?...
I now find that GiffGaff's 3g service isn't throttled but strangled to death. I find myself unable to download email, update social media or browse a website even if the phone indicates it is con...

Social Media Feed