Feeds

One.Tel hoovers up RedNet for £5m

B2B ISP snapped up

  • alert
  • submit to reddit

3 Big data security analytics techniques

One.Tel - the telecoms arm of Centrica plc - has coughed up £5m in cash to acquire privately-owned B2B ISP RedNet Ltd.

The High Wycombe-based ISP - which provides networking and internet services to SMEs - has around a thousand small business customers and employs around 50 staff. All workers will be retained as One.Tel looks to build on its B2B operation.

Whilst One.Tel is known for its voice services, the acquisition of RedNet will enable it to offer business users services such as web hosting, Virtual Private Networks (VPNs) and web security.

One.Tel boss Ian El-Mokadem said the deal "supports our efforts to attract additional business customers and ongoing efforts to cross sell new voice as well as data products and services to our current and newly acquired customers."

Last September Centrica forked out £43m to acquire another business outfit, Telco Holdings Ltd. Operating under the Telco Global brand, Enfield-based Telco Holdings helped increase the number of One.Tel's business punters to 120,000.®

Related stories

Centrica buys Telco Global for £43m
Centrica wants you
186k takes over 200 Tiscali UK VISPS

High performance access to file storage

More from The Register

next story
Dropbox defends fantastically badly timed Condoleezza Rice appointment
'Nothing is going to change with Dr. Rice's appointment,' file sharer promises
Audio fans, prepare yourself for the Second Coming ... of Blu-ray
High Fidelity Pure Audio – is this what your ears have been waiting for?
Did a date calculation bug just cost hard-up Co-op Bank £110m?
And just when Brit banking org needs £400m to stay afloat
MtGox chief Karpelès refuses to come to US for g-men's grilling
Bitcoin baron says he needs another lawyer for FinCEN chat
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Apple DOMINATES the Valley, rakes in more profit than Google, HP, Intel, Cisco COMBINED
Cook & Co. also pay more taxes than those four worthies PLUS eBay and Oracle
Number crunching suggests Yahoo! US is worth less than nothing
China and Japan holdings worth more than entire company
prev story

Whitepapers

Securing web applications made simple and scalable
In this whitepaper learn how automated security testing can provide a simple and scalable way to protect your web applications.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Top three mobile application threats
Learn about three of the top mobile application security threats facing businesses today and recommendations on how to mitigate the risk.
Combat fraud and increase customer satisfaction
Based on their experience using HP ArcSight Enterprise Security Manager for IT security operations, Finansbank moved to HP ArcSight ESM for fraud management.