Onecom founder Ridge takes over as CEO following Dowd departure
Dowd departs after nearly two years in the role
Dealers - Paul Lipscombe
September 28, 2020
The dealer makes its first acquisition since £100m investment by LDC last year
Onecom has announced the acquisition of Glamorgan Telecom Group.
The dealer confirmed the acquisition is the first since Onecom secured an £100 million investment package from LDC last year.
As part of the acquisition, Onecom will take on Glamorgan Telecom Group’s staff, senior leadership team, including MD Kelly Bolderson.
The telecoms service provider is based in Cardiff and specialises in providing fixed-line telephony services.
The addition of the company will strengthen Onecom’s presence across South Wales and the South West region.
Commenting on the acquisition Onecom CEO Ben Dowd said: “The telecommunications sector is playing a crucial role in supporting the operational resilience of businesses across the UK and will continue to do so as we look ahead to an increasingly digital economy over the next three years.
“LDC’s investment has already provided us with major impetus, and further strategic acquisitions will undoubtedly complement the high level of organic growth we plan to deliver as we scale and diversify our services.”
Bolderson added: “Onecom’s capabilities in mobile services will enable us to capitalise on those opportunities swiftly and support our customers in more ways than ever before.”
