Over 1,500 customers and 300% increase in revenue mark twelve months of success
London, 28 November 2007 – Adapt, the independent Virtual Network Operator (VNO), today
announced that it has grown revenues from £8 million to £25 million in just 12 months. The news coincides with one year since the management buyout (MBO) that has seen the company established as a leading player in the UK VNO market.
In a significant year for growth by any standards, Adapt has experienced some major transformations including:
- Annualised contracted revenues increased by over 300% from £8m to over £25m
- Collaborative deals to provide telecoms services for over 1,500 customers including enterprises such as CSC, high profile corporates such as Incisive Media, and many fast growing companies such as lastfm.com, Lovefilm.com and play.com
- Successful re-brand from mnet to Adapt creating a creating a unique positioning and identity in...