Feeds

One.Tel hoovers up RedNet for £5m

B2B ISP snapped up

  • alert
  • submit to reddit

Secure remote control for conventional and virtual desktops

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

Choosing a cloud hosting partner with confidence

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Big Content outs piracy hotbeds: São Paulo, Beijing ... TORONTO?
MPAA calls Canadians a bunch of bootlegging movie thieves
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
Just don't blame Bono! Apple iTunes music sales PLUMMET
Cupertino revenue hit by cheapo downloads, says report
Hungary's internet tax cannot be allowed to set a precedent, says EC
More protests planned against giga-tariff for Tuesday evening
US court SHUTS DOWN 'scammers posing as Microsoft, Facebook support staff'
Netizens allegedly duped into paying for bogus tech advice
prev story

Whitepapers

Choosing cloud Backup services
Demystify how you can address your data protection needs in your small- to medium-sized business and select the best online backup service to meet your needs.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
New hybrid storage solutions
Tackling data challenges through emerging hybrid storage solutions that enable optimum database performance whilst managing costs and increasingly large data stores.
Business security measures using SSL
Examines the major types of threats to information security that businesses face today and the techniques for mitigating those threats.