Feeds

Totem Communications goes titsup

Telco continues to trade as receivers move in

HP ProLiant Gen8: Integrated lifecycle automation

Totem Communications, a Manchester-based provider of inbound call handling services, is up for sale after Matthew Dunham and Dermot Power of BDO Stoy Hayward were appointed Joint Administrative Receivers last week.

No one from BDO Stoy Hayward was available at the time of writing to say why they had been called in, but the firm seems confident that it can broker a quick sale.

Totem Communications provides a range of inbound call handling services such as the provision of non-geographic numbers, recorded messages, 'virtual receptionists', and speech recognition to divert calls. Among the customers listed on its website are Bolton Wanderers football club, Gloucestershire NHS, and broadband ISP Pipex.

The business has an annual turnover of around £15m and continues to trade while the hunt is on for a buyer. It also has "considerable intellectual property", according to BDO Stoy Hayward.

Joint Administrative Receiver Dermot Power said: "There has been very strong interest in the company and approaches have already been made from other telecommunications businesses.

"I remain optimistic of securing an early sale of the business and the positive response from the employees and the customer base will help the process further." ®

The Power of One Infographic

More from The Register

next story
Google Nest, ARM, Samsung pull out Thread to strangle ZigBee
But there's a flaw in Google's IP-based IoT system
Orange spent weekend spamming customers with TXTs
Zero, not infinity, is the Magic Number customers want
Want to beat Verizon's slow Netflix? Get a VPN
Exec finds stream speed climbs when smuggled out
US freemium mobile network eyes up Europe
FreedomPop touts 'free' calls, texts and data
'Two-speed internet' storm turns FCC.gov into zero-speed website
Deadline for comments on net neutrality shake-up extended to Friday
GoTenna: How does this 'magic' work?
An ideal product if you believe the Earth is flat
NBN Co execs: No FTTN product until 2015
Faster? Not yet. Cheaper? No data
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Mobile application security vulnerability report
The alarming realities regarding the sheer number of applications vulnerable to attack, and the most common and easily addressable vulnerability errors.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.