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Timico Group Acquires UK ISP Twang.net

Posted: 10th Apr, 2008 By: MarkJ
The Newbury (Berkshire) based UK ISP Twang.net has been acquired by the Timico Group, which also acquired KeConnect last year, for an undisclosed sum of money:

Twang.net has traded successfully since 1999 with sustained year on year profitable revenue growth selling premium internet connectivity, voice and data solutions through its direct sales team. Twang.net’s owners and founding partners, James Sumsion (Managing Director) and Jeremy Sharp (Technical Director) will continue to lead and drive the growth of the company, which will remain headquartered in Newbury. Twang.net currently employs 35 people, which is expected to increase in line with the business achieving its growth ambitions. The company will run as a standalone subsidiary of the Timico Group and James Sumsion will join the Timico board of directors.

In addition, Twang.net was recently accepted into BT Wholesale's beta trials of WBC (ADSL2+) broadband technology. Credits to Thinkbroadband for spotting the news.
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