Irish operator Pure Telecom, which provides broadband internet access and voice telephony services to SMEs, says it expects to post revenues of EUR8 million (USD10.03 million) for the twelve months to 31 December 2006, up 25% on the EUR6.4 million figure reported in 2005. It also anticipates a strong rise in pre-tax profits which are forecast at EUR550,000, up 34% year-on-year. According to ElectricNews.net, the telco’s strong performance has put it on the acquisition trail with Pure Telecom director Paul Connell saying: ‘Yes, we’re looking to make acquisitions in Ireland and outside of Ireland,’ he said.
Connell was behind the creation of Pure Telecom Austria in 2005 and is also looking at possible acquisitions in Britain, where he says the company already has around 100 small business customers. Pure Telecom has also been linked with struggling alternative operator Smart Telecom and Connell told the online journal that a tender document had been submitted to acquire the latter’s residential voice subscribers, although the deal fell through when eircom disconnected Smart’s customers.