London-based ISP Atlas Internet has been bought by new-kid-on-the-block telecoms outfit Timico Ltd. Financial details surrounding the deal were not disclosed.

Notts-based Timico Ltd opened its doors last week with a "a serious mission to respond to the communications needs of small/medium enterprises (SMEs) in the UK" by providing converged fixed, mobile and broadband services.

This sales pitch is backed by agreements with BT Wholesale, T-Mobile and Energis.

Commenting on today's acquisition of the business-to-business ISP, Timico said: "It will importantly enable Timico to have total control of the network connectivity on which it can build voice and data applications, including Voice over IP (VoIP) for its business customers."

The newly-enlarged group now employs 40 people. ®

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