Dublin firm buys French mobile repair operator
07.04.2008
Sandyford-based mobile phone distributor Commercial Wireless has acquired the Irish-based operations of a French mobile repair services company in a move that will double its repair revenues to €2.2m a year.
The price of the acquisition of French firm A Novo's Irish operation was not disclosed.
Commercial Wireless provides a same-day nationwide mobile and data communications service to business and corporate customers, 365 days a year. Last year, the company reported revenues of more than €11m.
Total turnover for Commercial Wireless's handset repair business in 2007 was €1.1 million. It is envisaged that this figure will double with the completion of the takeover of A Novo's Irish operations.
Headquartered in France, A Novo, which has more than 20 offices in Europe and the US, specialises in repair and after sales services in the telecoms sector. The company's Irish operations are based in Clondalkin, Co Dublin.
"This takeover means we are now in a dominant position in the handset repair business in Ireland and we'll be aiming to aggressively build our revenues in this space over the coming year and beyond," said Michael Moriarty, managing director, Commercial Wireless.
"Also, as we are a relatively young company, the acquisition will help us to build our corporate brand nationally".
As a result of the acquisition, Commercial Wireless will have four Nokia repair centres in Ireland, two in Dublin and one in both Cork and Limerick.
The company also has accreditation for the repair of other makes of mobile phones including Motorola and Sony Ericsson, which will add to its business as other brands plan to increase their market share.
In 2005, the company acquired Cork-based mobile phone distributor Choice Communications and was also named O2 Business Dealer of the Year.
By John Kennedy
Commercial Wireless provides a same-day nationwide mobile and data communications service to business and corporate customers, 365 days a year. Last year, the company reported revenues of more than €11m.
Total turnover for Commercial Wireless's handset repair business in 2007 was €1.1 million. It is envisaged that this figure will double with the completion of the takeover of A Novo's Irish operations.
Headquartered in France, A Novo, which has more than 20 offices in Europe and the US, specialises in repair and after sales services in the telecoms sector. The company's Irish operations are based in Clondalkin, Co Dublin.
"This takeover means we are now in a dominant position in the handset repair business in Ireland and we'll be aiming to aggressively build our revenues in this space over the coming year and beyond," said Michael Moriarty, managing director, Commercial Wireless.
"Also, as we are a relatively young company, the acquisition will help us to build our corporate brand nationally".
As a result of the acquisition, Commercial Wireless will have four Nokia repair centres in Ireland, two in Dublin and one in both Cork and Limerick.
The company also has accreditation for the repair of other makes of mobile phones including Motorola and Sony Ericsson, which will add to its business as other brands plan to increase their market share.
In 2005, the company acquired Cork-based mobile phone distributor Choice Communications and was also named O2 Business Dealer of the Year.
By John Kennedy
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