Psst: wanna buy a mobile phone testing co.?
Concept Telecom for sale, maybe cheap
Our attention is drawn to an ad touting touting Concept Telecom for sale in today's FT deadzone.
Based in Nottingham, Concept is in adminstrative receivership and turns over £5m a year, of which £3.5m comes from the provision of mobile comms software engineers and £1.5m comes from a mobile phone testing division. Customers "include blue chip mobile phone companies" and are based in the UK and other European countries.
According to the receivers, Patrick Ellward and Dilip Dattani, Concept has also developed software for wireless testing technologies (inc. 3G).
But sales appear to be pedalling backwards, judging from Concept Telecom's entry in "The Times Tech Track 100, published in September 22, 2002 Entry on such lists is an invitation to a slow painful death).
64. RUSSELL MEAKIN and Anthony Gardiner founded Concept Telecom in 1996 to test SIM cards for Nokia, the mobile-phone giant. The Nottingham company then began designing and manufacturing its own devices for testing mobile phones, including those being developed for third-generation (3G) networks.
This has helped increase sales by 80% a year from £2.4m in 1999 to £7.9m in 2001.
Still interested? Call Tenon Recovery on 0115 918 4446.
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