<< home

Insight Marketing - Client News
Monday, September 19, 2005
Redstone plc announces new operating units following acquisition of Xpert Group Limited
September 19, 2005 - Following Redstone plc’s acquisition of Xpert Group Limited, Redstone has been restructured into four autonomous operating units, supported by a small head office team, as follows:

Martin Balaam, Chief Executive Office of Redstone plc, formerly Chief Executive of Xpert Group said, “In order to give the company a stable platform for growth the Board identified four core actions that needed to be completed in the short term:

The company has focused on reducing expenditure to allow the business to generate cash from its existing revenue base.  This has been achieved by re-organisation which has also given Redstone a firm footing from which to develop its strategy for growth.

The company has developed a strong platform for its future growth, is largely debt free, is expected to be cash generative and is much better positioned to take advantage of a developing and consolidating market place”.
- ends -

About Redstone
Redstone plc delivers a complete range of specialist voice, data and smart building communications services and networking solutions.  As a multi-tier ISP and network operator holding a telecom licence, the company has 370 staff in eight UK offices and a turnover of over £60m (2004).  As an end-to-end provider, Redstone can manage the lifecycle of any solution from consultancy to delivery and managed services, backed up by excellent customer care.  It has accreditations from Cisco and Avaya as a Global Partner and strategic partnerships with vendors including BT Wholesale and Siemens.  Working across all market sectors, Redstone has particular expertise in education, healthcare, local government, property and retail.  Redstone is Cisco Systems UK Mobility Partner of the Year and won the 2003 Channel Network Award for innovation for developing the retail network infrastructure at Bullring Birmingham. For more information see www.redstone.co.uk

Press Contacts:
Ann Fielder
Insight Marketing and Communications
0208 564 6385

This feed contains news releases issued by the technology clients of Insight Marketing and Communications Ltd


Subscribe with Bloglines
Archived News
November 2004
December 2004
January 2005
February 2005
March 2005
August 2005
September 2005
October 2005
November 2005
December 2005
January 2006
February 2006
March 2006
April 2006
May 2006
June 2006
July 2006
August 2006
September 2006
October 2006
November 2006
December 2006
January 2007
February 2007
March 2007
April 2007
May 2007
June 2007
July 2007
August 2007
September 2007
October 2007
November 2007
January 2008