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Focus Group has continued on its takeover trail acquiring Midland Telecommunications Management Ltd, which trades as Midland Telecom & IT. Focus this month secured £21.3 million in investment funding from Hg Capital Trust, an investor in European and transatlantic software and services. Focus was founded in 2003 by Ralph Gilbert and Chris Goodman in Brighton
Gadget insurance giant Assurant has bought repair chain iSmash and its 38 retail locations. iSmash had been looking for a sale for several months after its auditors put up a red flag over its future prospects as losses mounted to nearly £6 million, mainly due to the effects of Covid lockdowns and the new culture
Mobile marketplace platform Mozillion has been certified by TikTok Shop as an approved refurbished mobile tech provider.
Secondary market startup Reboxed has secured £1.6 million in seed funding from venture capitalist ACF Investors to develop its retail partner programs and Reboxed for Business service.
Secondary market startup Reboxed has secured £1.6 million in seed funding from venture capitalist ACF Investors to develop its retail partner programs and Reboxed for Business service.
Leading re-commerce company Magpie is in takeover talks with both BT and pan-European alternative investment firm Aurelius Group A statement from musicMagpie said: “Discussions between the parties are ongoing and remain at a very early stage. Accordingly, there can be no certainty that any offer for the Company will be made from either of the
Virgin Media O2 and Ericsson are to provide a 5G standalone private network to venues hosting a national BBC Children in Need charity games tournament
Despite facing challenges such as postal strikes and diminishing consumer confidence, Music Magpie’s trading performance showed a 42 per cent increase compared to the same period in 2022. Store sales accounted for 79 per cent of total sales, up from 72 per cent in the previous fiscal year.
EE will tomorrow (Friday) open its newest retail concept, the EE Studio, located in its flagship store at Westfield, White City, West London. The Studio covers 4,325 square feet and aims to showcase state-of-art connectivity and technology solutions. Bridget Lea, Managing Director of Commercial at EE, said Studio concept has been developed over the years
Currys will now be selling Vodafone broadband in its 300-plus stores in addition to Vodafone’s mobile products.