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Business ISP Connectus Secure Funding Boost from Time Finance
Wednesday, Jun 7th, 2023 (8:51 am) - Score 472
Business focused UK ISP and Managed Service Provider (MSP) Connectus has today announced that they’ve secured an unspecified amount of new funding from Time Finance, which has apparently provided a revolving credit facility to help fund their future expansion, additional staff hires and new acquisitions.
The press release contains very little useful detail, so we’ll just cut to the comment. Roy Shelton, CEO of Connectus, said: “We are delighted to have secured this new funding with Time Finance which will help create an important new chapter in the story of our business. It will fuel the growth of Connectus Business Solutions and it will also help meet the growing demand for our connect, protect and collaborate managed services.”
Tags: Business
By Mark Jackson
Mark is a professional technology writer, IT consultant and computer engineer from Dorset (England), he also founded ISPreview in 1999 and enjoys analysing the latest telecoms and broadband developments. Find me on X (Twitter), Mastodon, Facebook, BlueSky, Threads.net and Linkedin.
Mark is a professional technology writer, IT consultant and computer engineer from Dorset (England), he also founded ISPreview in 1999 and enjoys analysing the latest telecoms and broadband developments. Find me on X (Twitter), Mastodon, Facebook, BlueSky, Threads.net and Linkedin.
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Any comment on the Reuters rumours regarding Vodafone and Hutchison merger?
Heard it before. Nothing new. Just awaiting an actual announcement, rather than rumours like we’ve had for months since the talks started.
Of course the press release is light on detail, ‘cause that’s exactly what it is PR. Roy Shelton’s a charlatan. Always has been, always will be. People have short memories. The guy that drove ITS Technology to liquidation/pheonix several times over before the commercial grown-ups took over and moved him on.