Articles about Azzurri

I quit

Azzurri CEO quits, will walk out sometime in 'summer'

The CEO of Maintel-owned Azzurri Communications, Chris Jagusz, is quitting in the summer but the company's new owners haven’t specified the exact departure date. Cloudy comms integrator Azzurri was acquired by Maintel in April for £48.5m and so it was only a matter of time before the exec exited once the handover period was …
Paul Kunert, 1 Jul 2016
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Troubled Azzurri Comms offloaded to AIM-listed Maintel

AIM-listed comms and networking integrator Maintel has conditionally agreed to slurp struggling rival Azzurri Comms for £48.5m - a company that is twice its size. At the same time, the London-based Maintel confirmed it is also to place Ordinary Shares on the market at 700 pence each with the aim of generating roughly £24m to …
Paul Kunert, 8 Apr 2016
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Poor Azzurri. Another year gone and profits still elude them

Restructuring, amortisation and poor demand for large specialised call centres kept sales growth and profits beyond the reach of Azzurri Communications, its latest P&L accounts have revealed. The Weybridge-based firm reported a three per cent dip in revenues to £101.2m for the fiscal year to June 2015. It blamed “regulatory …
Paul Kunert, 23 Feb 2016
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We've made a profit, shouts Azzurri Comms. Yeah, 'made' is right

Azzurri Communications is out of intensive care now it has its debts under control but it still took a whopping £58m inter-company loan to turn a loss-making year into a profitable one, avoiding any board level blushes. The integrator majors on unified comms (UC) with Avaya and Mitel, and sells connectivity, security services …
Paul Kunert, 12 Feb 2015
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Azzurri waves bye-bye to more directors

Azzurri Communication is on the hunt for an ops director following the departure of David Du Toit, who we are told has returned to his native South Africa to embrace the joys of retirement. Du Toit pitched his tent at the south coast-based integrator in September 2012, brought in by former CEO Vim Vithaldas, who was himself …
Paul Kunert, 11 Feb 2015
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Former Azzurri project manager who stole £1.3m ordered to pay back £146k

A former project manager at Azzurri Communications who stole £1.3m from the integrator has been ordered to pay back less than 10 per cent or spend more time in the slammer. Lee Stephen Young, 34, of Petronel Road, Aylesbury was found guilty of one count of theft from an employer at the town's Crown Court in March and sentenced …
Paul Kunert, 23 May 2014
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As Azzurri closes in on CEO successor, sales director splits

South coast integrator Azzurri Communications is going to be a sales director and board member lighter after Craig Wellman handed in his notice to split by the early summer. The business, which last month pushed out the first in a series of cloudy services, is still on the hunt for a CEO to replace outgoing chief Vim Vithaldas …
Paul Kunert, 7 Apr 2014
The star HD87643, imaged by the ESO's 2.2-metre telescope at La Silla

Azzurri tugs former sales star from Vodafone

Azzurri has raided Vodafone's reservation to poach one of its former shining stars, with Antony Vigar set to return to the south-coast comms integrator as head of business development. With one eye locked on the Intelligent Cloud Optimised Network (ICON) launch, the firm needs someone to replace the previous incumbent Jason …
Paul Kunert, 19 Feb 2014
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Brit IT slinger Azzurri's CEO quits to spend more time with family, less time with the M25

Troubled south-coast UK comms integrator Azzurri has confirmed CEO Vim Vithaldas will step down for "family reasons" in July. The veteran exec was brought in by the banking syndicate that owns Azzurri in December 2011 after previous boss Mark Quartermaine left for Capita ITS – but it was a choppy couple of years at the top. …
Paul Kunert, 29 Jan 2014

More Azzurri execs run for the hills, turnover keeps sliding

The exit of two more senior figures at Azzurri Comms has spooked the company's sales floor amid falling fiscal '13 turnover and customers expressing concerns about handing projects to the firm. According to Channel Register sources, morale at the south coast-based integrator has hit rock bottom as the turnaround plan falters …
Paul Kunert, 6 Nov 2013
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Sources: Azzurri coughs £1m to end O2 call centre spat

Azzurri has settled a seven-figure dispute with O2 after a financial spat erupted over a Glasgow call centre it runs on behalf of the telco, well-placed sources have told The Channel. Under the multi-year outsourcing agreement, Azzurri - an O2 Centre of Excellence partner - was paid a fee to run a support desk for O2's small …
Paul Kunert, 5 Nov 2013
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Azzurri backers write off MILLIONS in debts - AGAIN

Investment banks backing voice and data comms biz Azzurri have agreed to write off three quarters - £78m - of debts owed to them by the integrator in a bid to clean up its balance sheet and gear up for expansion. This leaves Azzurri owing £45m (£25m interest bearing) to the seven-strong financial syndicate, which includes …
Paul Kunert, 10 Oct 2013
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Major Brit IT provider denies turning to fellow resellers after burning up lines of credit

British comms provider Azzurri has rejected suggestions that its finances are so precarious it has been forced it to tap up fellow resellers for product. Azzurri provides various well-known UK firms and government departments with comms and data services, reselling a range of vendor products in the telecomms, networking and …
Paul Kunert, 17 Jun 2013
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TalkTalk Biz cosies up to channel

The man at the top of Talk Talk Business (TTB) says it uses the direct sales force to keep channel partners on their toes. This is a novel strategy for a company that wants to do more business with resellers and integrators, and to spread the word it is the third fourth largest ISP in the UK. Charles Bligh rocked up at TTB 15 …
Paul Kunert, 7 Mar 2013

Azzurri sales talks with Alternative Networks 'are over' - insiders

Talks that begun months ago between biz voice and data comms firm Azzurri Communications and AIM-listed suitor Alternative Networks have reached a stalemate over price, claim sources close to negotiations. In December Azzurri's owner, Silverfleet Capital, exited the business after agreeing a debt-for-equity swap with a …
Paul Kunert, 26 Sep 2012
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'My work here is done, tata!' - Calyx Managed Services chief

Calyx Managed Services (MS) is splitting with CEO Martin Mackay after less than two years in the seat. Former Azzurri ops director Steve Clark will replace him. The departure date of Mackay, former European bigwig at Northgate Information Solutions and international veep at VeriSign is confirmed as the end of August. He …
Paul Kunert, 31 Jul 2012
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Capita bags Quartermaine to run IT Services

Former Azzurri Communications chief exec Mark Quartermaine is set to take the reins at Capita IT services (ITS). Quartermaine, who resigned from the managed comms provider just before Christmas after nearly one-and-a-half years in the role, today confirmed he is set to rock up at Capita. "I am joining Capita at an exciting …
Paul Kunert, 2 Feb 2012

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