Leicester-headquartered Gigabit Networks has acquired Skyline Wireless – a telecoms and VOIP provider.
The acquisition, for an undisclosed amount, allows Gigabit to provide greater connectivity and internet in areas of the UK that have struggled for bandwidth.
Gigabit is a ‘city champion’ partner of CityFibre, who are transforming Britain’s digital landscape, investing nearly £4bn to build dense pure fibre networks in more than 60 Cities across the UK.
Skyline is a specialist provider of ‘last mile’ wireless internet connectivity via radio and 4/5G networks, as well as cloud-based services and security products to SME businesses.
Dan Ilett, CEO of Gigabit Networks, said: “We’re delighted Skyline is joining the Gigabit family. The pandemic has created massive demand for faster and better-quality connectivity. We can now not only make central city businesses faster, but more rural areas too.”
David Yates, CEO of 4 Oceans Venture Capital, a key investor in Gigabit Networks, added: “The Midlands is one of the most exciting places in the UK to do business right now as the connectivity potential is huge.
“Most people in the Midlands haven’t realised the potential speeds and technology that are now available to them. Together Gigabit and Skyline will change that.”