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AN EXPANDING Hampshire communications technology firm has made its second acquisition of the year by buying a Bristol company.

Deal follows acquisition of Olive Communications earlier this year

Combined Onecom and Olive eye £140m annual turnover 16 February 2021 | Melanie Mingas UK-based Onecom has acquired Olive Communication, creating a service provider that is on track to generate annual turnover of more than £140m. Onecom said Olive Communications was its "closest rival" and that the two merging "creates the largest business-to-business mobile, fixed-line and cloud specialist in the UK". It is Onecom's third acquisition since 2019. With their activities combined Onecom and Olive will provide services to more than 500,000 corporate and business end users this year. Dar...

A TELECOMS firm has acquired its closest rival in a move which it says creates the largest UK player in its field. Hampshire-based Onecom has bought Olive Communications to form the largest business-to-business mobile, fixed-line and cloud specialist in the UK. Together, Onecom and Olive will provide services to more than 500,000 corporate and business users this year, generating combined annual turnover of more than £140million, an announcmeent said. The deal sees Olive’s chief executive, Martin Flick, become chief executive of Onecom Group. Darren Ridge, who founded Onecom in 200...

It’s the third acquisition Onecom has made since LDC investment arrived in 2019