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Redstone Telecom bought by Daisy Group

Mark

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Business-focussed telecoms company Daisy Group plc has agreed to buy Redstone plc’s telecommunications business for £17 million. This will give it the fixed-line Redstone Telecom business and the Symphony Holdings ‘Redstone Mobile’ service provision and distribution business. It’s the company’s third acquisition in under two weeks; earlier this month it bought AT Communications and Eurotel. [Sources: MandAdeals.co.uk; Mobile News; Reuters.com]

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Mark

Daisy plc press release: <a href="http://www.daisyplc.com/index.cfm/fuseaction:news.story/news_id:9/" rel="nofollow">www.daisyplc.com/index.cfm/fuseaction:news.story/news_id:9/</a><br>

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