Zzoomm has appointed Acuity Advisors to explore potential M&A targets, according to a report from Sky News.
Thu, 11/01/2024 - 11:29
Telecom Acquisitions CEO Nigel Barnett believes that many providers will struggle to profit from their residential rollout projects and is offering to buy their customer bases as a lifeline.
He said: “2024 will be a year of fast expansion for us for the simple reason that resellers, ISPs and altnets will be finding it hard to meet the needs of residential customers.
“The number of homes passed is said to be slower than expected and the cost of serving them could be crippling some businesses.”
TAL is supported by TalkTalk, enabling it to acquire entire businesses or just their residential side, which is typically more expensive to maintain.
In recent years, TAL has acquired Home Telecom, Fleur Telecom and Eclipse Broadband, as well as the customer bases of nine resellers/ISPs.
