In 1986 Charles, along with his partner, formed Fibernet and later became its CEO. Recognising the consolidation spreading through the telecoms market, Charles sold Fibernet for £70m to Global Crossing. As such, Charles has brought a wealth of experience in telecoms, at the most senior level, to Gamma.
Commenting on the new appointment, Bob Falconer, CEO of Gamma remarked, “We are delighted to welcome Charles McGregor as the new Chairman of Gamma Telecom. Charles has nearly 30 years of experience in the telecoms sector, and this appointment further strengthens the Gamma management.”
Speaking on his new position Charles said, “This is a great opportunity for me to be working with one of the fastest growing and most dynamic telecoms businesses in the UK and I look forward to continuing to contribute to the company’s future development.”
Michael Stone, the outgoing chairman who will remain on the board of the company, comments, “Gamma has grown considerably over the last few years and has become a much more sophisticated business, supplying a broad range of services to the market. The time is right to hand over the chairmanship of the business to someone with more direct experience of this exciting and fast changing industry.”