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

What will you do Vodafone? Move to another country and avoid paying your taxes there? Boo Hoo - we wont miss you!...
I really want to have this if they will really release a monster specs like this and pair it with my Selfie Stick Pro. :)...
He looks like a right prune....
giffgaffs data is awful! And the thread with a thousands posts now has more like 20 thousand posts now and it's the first link above! I actually started that thread!...
Janice - have you tried Three's Intouch app? If you can connect to Wifi at work, you'll be able to make calls and texts using that....
I've just spoken to a Customer Service advisor at Three as I have been having problems since last week Wednesday afternoon. This issue is definitely still ongoing for not only Three customers but...
I have been a member for some time and are now leaving because they have taken £7.50 Goody Bag cost out of my Bank but has not been included on my Balance. So I have been able to use my Phone si...
EE are not the first operator to do this. Three already have an app that allows you to make calls and send/receive texts over Wi-fi when there is no mobile signal available....
if 3 buys o2 I will jump ship at end of contract...
That's your opinion, but it certainly wasn't the best way of phrasing it. That wasn't the only reason the EE advisor scored so poorly, which is made clear in the full review in issue 582 of Mobil...

Social Media Feed