OneCom has ramped up its acquisition drive by purchasing fellow Vodafone Platinum Partner One Stream.
The Hampshire based dealer will add 13,000 Vodafone connections to its own customer base of over 150,000, as well as a number of fixed line contracts. One Stream’s ex-chairman Phil Rider will continue to head up the Digital Phone Company retail brand, but will no longer hold an interest in One Stream. OneCom will retain all existing customer service and sales staff, although all executive employees will be replaced.
OneCom CEO Darren Ridge said: ‘It’s a good strategic acquisition for us as Norfolk is one part of the county we don’t have much presence. I’ve know Phil Rider for more than 20 years so it’s a really good fit for us. We’ll be retaining all the existing members of the customer facing staff, although there will be a complete reshuffle of the executive team.’
Ridge said he was looking at further acquisitions following the One Stream deal. He said: ‘One acquisition we have in the pipeline will bring our number of connections up over 200,000, easily cementing our place as Vodafone’s largest Platinum Partner.’
In September OneCom acquired Black Sheep of Brighton, which specialises in generating sales leads, and was the operator’s first purchase since taking its existing name after the merger of Premier Telecom and Business Phones Direct. OneCom, which was named as Vodafone’s Platinum Partner of the Year in July, is also carrying out an extensive recruitment drive while looking to expand premises.
Author: Matthew Campelli