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Birmingham Post
Birmingham Post
Business
Tamlyn Jones

Telecoms firm Wavenet continues acquisitions with Portal buyout

Telecoms and technology firm Wavenet has acquired Portal Voice and Data.

Based in Norwich, Portal Voice and Data is a supplier of telecommunications services including telephony, data and cloud computing.

This latest buyout by Solihull-based Wavenet follows the acquisition of Nottingham telecoms outfit VIA in January.

Wavenet's chief executive Bill Dawson said: "As with previous acquisitions, this is a really exciting time for the employees and customers of both Portal and Wavenet.

"Our combined potential and expertise will improve our customer service and maintenance experience and will open Portal customers to Wavenet's extensive and advanced product portfolio.

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"I am thrilled to have Portal joining the Wavenet Group and look forward to working with their customers to build on the strengths and service they rely on."

John Corney, managing director of Portal Voice and Data, added: "This is a fantastic opportunity for our customers and staff.

"The team at Wavenet has made the whole process very easy for us.

"This acquisition will massively boost the potential of all of our customers, giving them access to Wavenet's large portfolio of telecoms and technology services and their first-class customer and technical support."

Terms of the buyout were not disclosed.

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