Luxembourg based Firstcom Europe announces the acquisition of Scandinavia’s Unified Communications provider and hardware distributor Nortech Telecom in a strategic move to accelerate the firm’s growth across Europe.
Based in Stockholm, Nortech Telecom was founded in 2001 and currently operates in the Nordic market with telephone services sold through its network of partners to the corporate market. Nortech’s service portfolio includes cloud services, operator traffic and Hardware distribution.
Firstcom Europe was established in 2013 as a result of the merger of UK’s VoIP.co.uk and Denmark’s Firstcom. In 2014 the Company then went on to acquire Germany’s Teleforte which also had a presence across Poland, and Spain.
In quarter 4 of 2015, Firstcom acquired Denmark’s Connection. This was followed by the purchase of Germany’s Citec in Quarter 4 2016.
Nortech, Citec and Connection have historically sold large volumes of customer site based switches. Firstcom will offer these clients modern cloud telephony, SIP trunking, and mobile services.
Jean-Pierre Vandromme, Firstcom Europe’s Group CEO, said:
“Sweden is at the forefront of the migration to cloud telephony and the acquisition of Nortech expands our footprint across the Nordics and will expedite the achievement of our goal to cover the whole Nordic region. We aim to offer our clients a one-stop-shop solution for all their telecommunications services.
Johan Jarskog, CEO of Nortech said:
“As a management team we see huge potential in sharing products, knowledge and experience and look forward to the opportunity to further strengthen our offer and growth. Over the coming years our clients and partners will benefit from a complete solution, from hardware, SIP Trunks, to next generation cloud based unified communications.”
About Firstcom Europe
Based in Luxembourg Firstcom Europe is owned and experienced by a group of highly experienced telecommunications professionals. They have worked together over the past 15 years having undertaken consolidation and transformational projects of European Telecommunication providers (GTS, Golden Telecom, Completel, BTC and Ventelo) generating over US$5b cash returns for their investors. The /unified-communications/ucaas market is developing rapidly as businesses move to outsource and improve communications systems. Firstcom has a proprietary platform developed over the last 10 years, by two of the Group companies – VOIP.co.uk & Firstcom Denmark – providing Voice over IP and cloud telephony services which gives the company a distinct competitive edge.
