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AdEPT
have bought 10,000 small business customers from Fizz Telecom. Fizz
Telecom continues to trade and continues to grow its
business.
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The
acquisition is AdEPT Telecom's third acquisition in 2006, after
acquiring Transglobal Limited in February 2006, and Admiral Managed
Networks Limited in March 2006.
The
10,000 customers acquired from Fizz are a natural fit with with
AdEPT as they are all fixed-line telecom small business
customers.
Roger
Wilson, Chairman said, "The
Fizz customer base is of very high quality with 100% of customers
taking both line rental and calls, many are on five year contracts,
with 95% paying by Direct Debit. They are therefore similar to the
majority of our existing customers and will fit neatly into our
model."
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