Radius dials in Midlands-based market leader Air Telecom in latest acquisition to boost telecoms arm
Radius Payment Solutions has acquired Air Telecom Group, one of the West Midland region’s largest telecommunications providers, in a deal that will add almost 20,000 customers to its telecom arm Radius Connect.
Established in 2009 in Shirley, Solihull, near Birmingham and led by Group Chief Executive Manni Sehmi, Air Telecom is an award-winning specialist in integrated mobile, hosted telephony and connectivity solutions for small and medium-sized businesses.
It is the second major acquisition for Radius in recent months since it bought a majority stake in Dublin-based Telcom in December. One of several strategic company purchases made in recent years, the latest investment will also give Radius new opportunities to grow the broad range of services it offers to customers including telecoms fuel cards, telematics, insurance and electric vehicles.
Radius Chief Executive Officer Bill Holmes said: “We are really pleased to be working with Manni Sehmi who has built a great telecoms business with an outstanding reputation. We look forward to helping him grow further and overlay the great range of products and services that Radius has been developing over the last few years.”
Radius Connect, a converged technology, mobile and fixed line telecommunications provider works with businesses across the UK, successfully implementing, connecting and managing their operations.
“From my first meeting with Bill and the team, I felt that our culture and vision were a perfect match. I am confident that by partnering with Radius, we can continue our growth strategy and assist our customers in leveraging technology to stay ahead of their competitors,” Air Telecom Group Chief Executive Officer Manni Sehmi said.
A Sunday Times Top Track 100 company, Radius is headquartered in Crewe, UK, and was founded in 1990 by Holmes. It has more than 2,000 employees across 18 countries and more than 20 offices in UK and Ireland and the UK.
Welcoming the acquisition, Ray Ferris, Managing Director for Radius Connect, said: “Air Telecom has a strong regional and national presence with excellent customer and supplier relationships. We’re keen to work with Manni and the team to develop their customer offerings further and in turn grow the business as part of our rapid growth plans in the UK and Ireland. “
Radius was founded by Bill Holmes and now has over 2,000 employees in 18 countries spanning five continents, with over 20 offices throughout the UK and an annual turnover of more than £2.6 billion.
