This acquisition will further expand Opal’s channel partner base and further demonstrates the company’s commitment to channel partners by offering them a wide variety of commercial models, products and services. The move also demonstrates Opal’s ability to offer partners a clean exit, when business owners are ready.
Andy Hollingworth, Opal’s Director of Wholesale said: “Opal is happy to announce the acquisition of UK Telco. This is another example of Opal acquiring a partner where we have built really strong long term relationship. Importantly when it was the right time for the owners to exit, Opal was able to quickly agree a deal, provide a good home for the customer base and continue to offer support to UK Telco’s channel partners.”
Rob Boylett, UK Telco’s former MD said: “When we knew the time was right to exit, the natural option was Opal. We have been working with them for 8 years and their support and commitment has been unsurpassed.”
The former MD is continuing with a new telecoms venture and this will again be using Opal for wholesales services.
UK Telco has been a specialised supplier to independent switchless resellers for the last 8 years. It had a number of existing agreements with Tier 1 carriers including Opal, and delivers high quality services tailored to meet specific customer requirements, including voice, data and mobile solutions.