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Acquisition for Onecom

Onecom has acquired Russell Telecom. The 25-year-old firm offers onsite and cloud phone systems, business broadband, mobile phones and managed support. It has 1,500 customers, mainly across enterprise, hospitality, education, healthcare and not-for-profit organisations. 

The buyout was supported by Onecom’s private equity backer LDC, which provided the comms provider with £100 million in investment in 2019 to fund future acquisitions.