Vodafone has acquired Kevin Murphy’s Complete Telecom for an undisclosed sum. Complete Telecom’s 26 staff will now become employees of Vodafone. Vodafone says it expects to double revenues in the enterprise solutions space in the coming year.
It is understood that Complete Telecom recorded a turnover of €9m last year.
A spokesperson for Vodafone explained that the acquisition will allow Vodafone to drive a new division that will focus on providing managed and bespoke solutions to larger enterprise players such as government bodies.
It is understood that after Vodafone’s acquisition of Interfusion last year, its enterprise data network solutions group saw a 30pc increase in revenue.
Vodafone Ireland enterprise director Anne O’Leary said Vodafone now expects to double its revenue in the enterprise solutions area.
“Companies want straightforward management of their day-to-day communications needs from one single provider,” O’Leary said.
“Complete Telecom is a great fit for us, bringing the scale we need to offer bespoke fixed and mobile converged solutions while also providing specialist tools to support customers in managing their data traffic.”
Entrepreneur Kevin Murphy started Complete Telecom 11 years ago as a cloud-focused telecoms operator focused on winning high-end contracts.
“Over the past 11 years we have gained significant expertise in delivering enterprise network data solutions, in particular to the public sector,” Murphy said.
“We look forward to working with equally experienced teams within Vodafone and Interfusion in order to meet the increasing demand from customers to manage complex enterprise communications,” he added.