UK broadband pusher CityFibre has posted a sales increase of 36 per cent for its half-year results, but has also reported delays to a number of its public sector contracts. Sales rose to £9m for the six months to June 2017, while gross profit increased to £7.9m from £5.7m. It connected another 745 customer premises to its …

Telecoms business Daisy is poised to gobble Alternative Networks for £165m - the latest deal in its seemingly insatiable appetite for acquisitions. IT and telecoms biz Alternative employs 600 people and reported a turnover increase of 9 per cent to £146.8m for the full-year 2015. However, Philip Carse, analyst at Megabuyte, …

The management team at Alternative Networks has played the Brexit card to explain why the London-listed IT and comms integrator has missed profit expectations for FY’16, which ends this month. The Mobile division had stabilised and with cost-cutting actions to offset the impact of new tariffs on roaming rates, margins were …

London-listed tech and comms provider Alternative Networks has issued a profit warning on the back of sliding roaming charges. The company said it was “too early” to quantify the impact on results for fiscal ’16 but the board reckons current estimates for aggregate revenues in the half-year ending March are “broadly” in line …

Alternative Networks is shuffling back onto the acquisition trail following some eye-wateringly expensive buys that are now fully integrated and proved to be grist to the mill for its cloud aspirations. The comms-cum-tech integrator, which is wrapping its much of the portfolio in the fluffy white, today reported a nine per …

Alternative Networks will wave goodbye to long-serving CEO Ed Spurrier at the end of this fiscal year in September, with current chief operations man Mark Quartermaine waiting in the wings for the top job. The LSE-listed comms and tech outfit confirmed the succession plans today as it outlined half-year numbers for fiscal 2015 …

Revving up the acquisition engine got previously misfiring B2B comms and tech outfit Alternative Networks' top line motoring again, but some resulting cost hikes dampened the bottom line. The AIM-listed firm reported a 20 per cent sales bounce to £137.8m for the year ended September, and it returned to organic growth, albeit …

Developers are beavering away at Alternative Networks on a biz cloud by integrating existing services and those of several tech suppliers it hoovered up during the opening month of the year. The London-listed comms and tech integrator raised a few eyebrows in January when it paid £50m to acquire hosted desktop player Intercept …

Hauling in a heavy duty sales director and forking out millions for acquisitions has finally got the revenue dial moving in the right direction for AIM-listed Alternative Networks. It's not done the same for profits, though. The top line had stagnated and operating profits dipped in the previous fiscal year, so the comms- …

Juniper UK and Ireland boss Mark Quartermaine is hot-footing it to one of the firm's biggest channel partners, Alternative Networks, where he will be COO from next month. The former IBM, C&W, BT Global Services and Azzurri exec initially joined LSE-listed Alternative as a non-exec director in January last year but his …

Alternative Networks has turned to former Vodafone UK enterprise channel boss Chris Huggett to reinvigorate stagnating sales. The appointment as group sales director at the London Stock Exchange-listed biz comms provider comes after a disappointing 2013 for investors, when revenue stagnated at £114m and operating profit dipped …

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 …