Genesis buys Thus Mobile

MANCHESTER telecommunications firm Genesis Communications has become the UK’s biggest independent mobile virtual service provider after buying THUS Mobile.

Genesis has bought the business from Cable & Wireless for an undisclosed sum, in a deal that will give it more than 23,000 customers and a turnover of £70m.

Director Piers Linney said: “This transaction doubles the size of the mobile voice and data customer base managed by Genesis.

“It also allows us to offer THUS Mobile customers a broader portfolio of products and services in response to a rapidly changing market. We believe that business customers no longer want voice and data services in isolation. Instead, these need to be offered alongside hosted IT services as a converged solution, helping businesses increase efficiencies and revenues.”

Genesis employs 250 people i Manchester, Leicester and London and generated revenues of £33m in 2008.