Nasstar – formerly known as GCI – has snapped up KCOM’s national ICT business for an undisclosed sum.

Wayne Churchill, CEO of Nasstar, said that the acquisition of the unit will form a “vital” part of the MSP’s growth strategy.

“It will be integrated into the business, adopting new, efficient, and scalable systems, and enabling customers to access an enhanced product set,” he stated.

“We recognise the value and opportunities the combination of KCOM’s people, capabilities and customers from the national ICT services business of KCOM represent, and we are confident our strategy will turn this potential into long-term growth and success”

The sale of the national ICT business allows KCOM to concentrate on its “core” strategy as a regional provider of full fibre broadband and expanding further into the retail and wholesale markets as it continues to invest in its network expansion.

Dale Raneberg, CEO of KCOM, added: “We have agreed the sale of our national business to Nasstar, a UK provider of managed communications and cloud services to large businesses and public sector organisations. Our regional wholesale and retail operations in Hull, East Yorkshire, and North Lincolnshire will remain part of KCOM and the focus of our business.

“Our team is investing £100 million to expand our regional network, through which we are making full fibre broadband available to consumers and businesses in more towns and villages across East Yorkshire and North Lincolnshire.”

 

 



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