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Dealers
December 6, 2019
The acquisitions form part of the company’s diversification strategy
Radius today announced the acquisition of Independent telecoms specialist Pure Telecom and business telecoms provider Trinity Maxwell.
Both acquisitions have been acquired to strengthen the Radius group’s existing telecoms portfolio which include Echo Telecoms and Adam Phones, the latter Radius acquired in late 2018.
Radius aims to grow its telecoms division which forms part of a diversification strategy that the company intends to build on.
The company has appointed Ray Ferris as Group Managing Director of Telecoms to oversee the strategy and growth of the telecoms division.
Ferris joins Radius Group from BT where he served as the Head of Indirect Channel and Business Development for Corporate.
Radius chief executive Bill Holmes said: “These latest acquisitions, along with the appointment of Ray Ferris, highlight our intention to quickly develop our telecoms offer with a strategic approach to regional growth.
“Our diversification strategy across the group means we can provide our customers with a compelling range of products across telecoms, telematics, insurance, and fuel cards.”
Ferris added: “Radius has ambitious growth plans for the telecoms division across the UK and Europe.
“These latest acquisitions give us a greater scale and a platform to achieve rapid growth across mobile, fixed, hosted telephony and unified communications.
“I look forward to working closely with Bill and the team to expand our presence even further.”