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Monday, February 1, 2010

Timico acquires internet service provider NewNet

Timico, which offers internet, VoIP, fixed-line and mobile telephone services from its Nottinghamshire offices, has acquired Hampshire-based internet service provider NewNet plc. NewNet was established in 1995, has worked with thousands of businesses and is regularly rates as one of the UK's fastest ISPs.

Tim Radford, Chairman of Timico Group, said "The acquisition of NewNet plc allows us to fulfil our objective of further increasing the size and value of our business by enhancing our range of connectivity and hosting services to address the growing demand amongst business customers for fully-managed network and data centre solutions. With its extensive portfolio of award winning services and its focus on delivering excellent customer support, NewNet clearly shares our commitment to service excellence and will make an exciting addition to the Timico Group".

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