Manchester’s Telcom Group has completed the acquisition of fixed wireless and high-speed fibre network provider Luminet – London’s largest fixed wireless network operator and leading business-to-business connectivity provider.
The acquisition is a key component in Gresham House-backed Telcom’s growing footprint, as it adds London to its list of existing metro networks, delivering high-speed internet combined with a full stack of applications, products and services to business customers & channel partners throughout the UK.
Luminet, which was founded in 2005, is a leading London-based ethernet connectivity specialist across fixed wireless and fibre with the unique ability to provide fully resilient “100% SLA” connectivity, at speeds of up to 10Gbps, with wireless connectivity provision within 10 days.
Christopher Baldock, Telcom Group’s chairman commented: “The board of Telcom are delighted to be working with the team at Luminet whose London footprint and strong channel proposition will complement and integrate into Telcom’s network infrastructure and provide a platform for our product portfolio of applications, products and services aimed at the business market.”
Shaun Gibson (pictured), Telcom Group co-founder added: “Luminet provides the key London footprint to complement our Hypercity fibre networks with Manchester, Leeds, Liverpool and Birmingham now complete. We are rapidly becoming the go to high-speed network provider for business customers and channel partners throughout the UK. The combination of Telcom and Luminet sees Telcom Group become the largest B2B Fixed Wireless Network provider in the UK and helps accelerate our ability to support Britain’s digital revolution and ultimately connect customers, to a network that’s built for greatness.”
