Adapt grows revenues from £8 millions to £25 in 12 months. Over 1,500 customers and 300% increase in revenue mark twelve months of success
London, 27 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 the market
- Acquisition of Centric Telecom resulting in combined forward contracted revenue worth in excess of £100 million
Read the full story
|
UK businesses sitting on data hosting time bomb. One in two enterprises requires additional server colocation in next twelve months, despite lack of space, power constraints and soaring costs
London, 20 November 2007
Almost 50% of mid-sized enterprises (500 – 1,000 employees) will have significant server colocation needs over the coming 12 months, according to new research from Adapt, the independent Virtual Network Operator (VNO). The OmniBoss survey, conducted by Vanson Bourne on behalf of Adapt, gathered feedback from 200 senior IT decision makers in mid-sized companies. Despite this, data centres are rapidly running out of capacity, there are power constraints due to the development of London Cross Rail and the Olympic site, and there no new data centre builds in central London. Without major planning now, UK businesses will have limited options open to them.
Read the full story |
Adapt adds high speed WiMAX connectivty to portfolio. New partnership with Urban Wimax gives Adapt customers physical diversity in their network and the ability to bring buildings online within short lead times
London, 23 October 2007
Adapt, the independent Virtual Network Operator (VNO),is offering customers WiMAX for the first time bringing even more choice and flexibility to its range of communications services. The services are being delivered via a new partnership with the UK’s leading WiMAX provider, Urban Wimax.
Read the full story |
Adapt ranked 25th in The Sunday Times Tech Track 100. Independent Virtual Network Operator is leader of its field in annual table of UK tech companies
London, 30 September 2007
Adapt, the independent Virtual Network Operator (VNO), has been placed 25th in the seventh annual Sunday Times Microsoft Tech Track 100 League table, published on 30 September, making it the highest placed VNO in the list.
Read the full story |
Adapt acquires additional 15,000 Foot Central London colocation space in a deal worth £30M
VNO secures quality data centre capacity to service new business and combat growing concerns about London’s limited high quality space
London, 3 September 2007
Independent Virtual Network Operator (VNO), Adapt, today announced that, as part of its continuing service expansion programme, it has secured an additional 15 000 square foot of prime data centre space within state-of-the-art facilities in London’s Docklands and at Level 3 Communications’ London locations. Following deals worth over £30m, Adapt now manages over 40,000 square foot of datacentre space for mid corporate and enterprise tenants with plans to acquire more by the end of the year.
Read the full story
|
CSC selects Adapt to provide data centre services worth £8.8 million. Deal cements Adapt's leading position in the UK VNO market
London, 21 August 2007
Independent Virtual Network Operator (VNO), Adapt, today announces it has signed a deal with CSC, a leading global information technology services company to provide data centre services with a deal will worth £8.8m over 6 years.
Computer Sciences Corporation is a global IT services company whose mission is to provide customers in industry and government with solutions crafted to meet their specific challenges and enable them to profit from the advanced use of technology.
By partnering with Adapt, it will benefit from a flexible contract and while gaining access to valuable technical real estate portfolio in central London and M25 Periphery and Europe.
Read the full story
|
Adapt broadens international appeal with Global Crossing. Agreement supports international expansion for the Virtual Network Operator
London, 30 July 2007
Independent Virtual Network Operator (VNO), Adapt, today announces an agreement with global IP solutions provider, Global Crossing, under which Adapt will utilise Global Crossing’s IP backbone to provide global connectivity and services to their customers operating internationally. The relationship will support Adapt’s long term strategy to expand internationally and will address the growing international requirements of its expanding customer base.
Read the full story
|
Adapt selected by CentreCore to provide 21st Century MPLS Network for Kent Messenger Group.
London, 10 July 2007
MPLS IP VPN to help regional newspaper group exploit new media market with web, voice and radio over IP technologies
Independent Virtual Network Operator (VNO), Adapt, today announces its collaboration with leading IT services provider, Centrecore, to provide Kent Messenger Group (KM Group), Kent & Medway’s premier media group, with a MPLS IP VPN (Multi-Protocol Label Switching Internet Protocol Virtual Private Network). The network, linking 20 sites, will enable the KM Group to deploy web, voice and radio over IP and improve reliability and efficiency of applications between sites. The £2 million contract is for three years.
Read the full story |
Adapt acquires Centric Telecom to boost UK presence and expand service offering. Acquisition is the first of many as The Adapt Group continues its ambitious growth.
London, 2 July 2007
Independent Virtual Network Operator (VNO) Adapt today announced it has acquired Centric Telecom, the leading UK provider of in-building communications solutions to landlords and property companies which serves over 1,000 enterprise and public sector organisations. Adapt has purchased Centric Telecom for £6.25M from Alchemy Partners.
Read the full story |
Adapt partners with KPN to harness International Data and IP services to address increasing needs of UK companies with international sites
London, 17 May 2007
Independent Virtual Network Operator (VNO), Adapt, today announces it has been selected to join international network services provider, KPN International’s Business Partner Programme. This further accreditation for Adapt only serves to strengthen the VNO model as they partner with best of breed network operators around the world.
Read the full story |
Mnet rebrands as Adapt
London, 20 March 2007
Independent Virtual Network Operator (VNO), mnet, today officially announces its change of name to Adapt. The re-brand marks an aggressive and ambitious new phase for the VNO in the UK who are fulfilling the needs of organisations being underserved by traditional operators and responding to the changing requirements of telecoms purchasers.
Read the full story |