AdEPT Telecom Plc (LON:ADT) CEO Ian Fishwick talks to DirectorsTalk about the acquisition of Comms Group, how big the group is, the rationale behind buying it, EBITDA:Net Debt ratio after the deal and tells us if there will be any more acquisitions or not.
The trading performance of Comms Group for the year ended 31 March 2016 was ahead of the historic results with the unaudited management accounts of Comms Group showing revenue and operating profit of approximately £3.7 million and £0.8 million respectively.
AdEPT Telecom plc is one of the UK’s leading independent providers of voice and data telecommunications solutions. The Company provides a complete communications portfolio of fixed line calls, line rental, mobile, VoIP, equipment installation, managed services, IT, Wi-Fi, hardware and data connectivity products. AdEPT’s tailored services are used by thousands of businesses and residential customers across the UK and are brought together through the strategic relationships with tier-1 suppliers such as BT Openreach, Vodafone, Virgin Media and Avaya.