Digiweb acquires TalkTalk’s Irish, Belgian businesses

30 Apr 2010

Irish telecoms services provider Digiweb has acquired the Irish and Belgian operations of TalkTalk, the telecoms business recently spun off from the Carphone Warehouse, in a move which will boost its annual revenues and profits to around EUR50 million and EUR10 million, respectively. Although details of the deal have not been published, the new owner now presides over a broadband and telephony user base of 102,000 in Ireland, the UK and Belgium, SiliconRepublic.com notes. Digiweb has of late been on the acquisition trail. In December last year it snapped up beleaguered altnet Smart Telecom, TeleGeography’s GlobalComms Database reports, boosting the enlarged operation’s total subscriber base at the time to 46,500 business, residential, corporate and government customers for broadband, data and telephony, along with over 48,000 webhosting, domain and data centre clients. Then in January 2010 Digiweb agreed a deal with Independent Newspapers to purchase fellow operator Internet Ireland, whose service portfolio includes web hosting, data centre co-location, managed email solutions, broadband and leased lines. The new owner has reportedly wasted little time in assimilating its most recent acquisitions and both Smart Telecom and Internet Ireland are now said to be stable and cash-positive contributors to the group. It is too early to say what will happen with TalkTalk, but Digiweb has made it clear that the brand will be retained through 2010, at least.

Belgium, Ireland, Digiweb Ireland, TalkTalk