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Virgin Media O2 and Daisy Group are merging their business units, creating a £3 billion entity aimed at challenging BT Group in the business telecoms market.

The investment values DWS at £1 billion

Dealer has grown indirect partner connections by 250pc in past three years

It’s the biggest business crisis of the last 100 years. So how is the industry reacting to the disaster?

The new brand has been given power to operate separately from the Group’s other businesses

Daisy Group is the UK’s largest independent provider of telecoms, IT and cloud services

Daisy will take control of 80,000 clients from TalkTalk from July 2018

Daisy’s peer group tends to trade off multiples of nearly 11 times EBITDA, meaning a sale could value Daisy at more than £1.5bn

Pring replaces Jeff Palmer as vendor alliances and supply chain services director

The company has installed 6,000 HP computers throughout 13 of its sites