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This week has already seen a couple of acquisitions in the channel and connectivity specialist Entanet has added to that list after being snapped up by CityFibre.
The move by Entanet to embrace the affections of the fibre network infrastructure player should put it into a position to be part of one of the largest comms wholesalers in the UK.
Entanet will now get the chance to pitch its 1,500 communication provider partners with its fixed, wireless and mobile data connectivity services combined with a national fibre network.
“Our partners will soon be able to take a strong, compelling and highly competitive proposition to the market, reaping the rewards of CityFibre’s national full fibre infrastructure footprints and next generation products. They will continue to enjoy the full support of Entanet’s long-established and mature channel strategy and its reputation for providing exceptional partner support services," said Entanet CEO Elsa Chen.
"Together, we are creating a new breed of wholesale service provider that will empower channel partners to change the connectivity market landscape. We’re extremely excited about the opportunities we can bring to the channel with this transaction," she added.
From a CityFibre point of view the addition of Entanet gives the firm a chance to accelerate the take-up of its services, stated CEO Greg Mesch, "leveraging Entanet’s enviable channel partner network and continuing to transform digital connectivity for thousands of UK businesses".
At the end of last year Entanet thanked partners for their role in helping the firm hit its financial targets reaching £36m in turnover, which equated to year-on-year growth of 12%.
As well as expanding revenues the firm also increased its head count to 115 from 100 over the course of last year and kicked off its first apprenticeship scheme, welcoming four youngsters looking to start a career in the ICT world.
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