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UK Broadband ISP Supanet Plans Acquisitions

Posted: 01st Apr, 2009 By: MarkJ
UK ISP Supanet has just confirmed plans to expand its customer base by acquiring an unknown number of rival telecommunications and technology companies. The broadband provider has had a history of mergers and acquisitions and will seek to target companies that may be reassessing their position or possibly looking to exit as the economic situation tightens its grip.

Managing Director at Supanet, Steve Smart, said: "Many companies are feeling the pressure as the recession takes hold. We are in the fortunate position of being able to make strategic acquisitions as we move to grow our current portfolio. We are open to discussions with all technology companies, with particular attention to small ISPs, voice solution providers and telephony resellers."

Supanet added that it intended to make any transitions as smooth as possible for customers of those companies it acquires and promises not to lose sight of its own client base in the process. The ISP recently came bottom of one customer rating survey for last year (here).
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