ITS buys again

IT managed services firm, ITS Technology Group (ITS), has bought the assets of Welsh broadband firm Xwavia.

It is the third deal completed by the Runcorn firm this year, having acquired East Manchester network CityServe in June, and South Yorkshire-based Networks by Wireless in September.

The firm said it will enable it to extend its fibre and wireless network which connects residential areas and businesses in areas of Wales such as Anglesey, Conway and Powys.

It will also take on all customer contracts and keep on 12 staff at the office in Welshpool.

ITS’ founder Roy Shelton said: “We have made three strategic acquisitions this year in order to strengthen our proposition as a leading broadband provider to those areas that are overlooked by the big players.

“Xwavia has successfully delivered broadband to areas of Wales that aren’t even served by mains gas, electricity or water. Its methods of providing broadband will benefit and play a much wider role across ITS’ customer base and projects. The acquisition will protect the assets already built, as well as the commitment to fulfil all Xwavia’s contracts, means that the future of superfast broadband in Wales is in safe hands.”