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Technology

Posted on April 30, 2019 by staff

UK telecoms firm secures 拢30m funding deal

Technology

老九品茶 telecoms provider Onecom has secured a 拢30m finance package from HSBC UK.

The funding deal, which will last five years, will be used to upgrade the firm鈥檚 IT systems and increase its use of AI artificial intelligence to support its customer services division, and an increase in resource at a local and regional level.

The Hampshire-headquartered company also has offices in Leeds, Southampton, Telford, Plymouth, Norwich, Brighton, Cardiff and Belfast.

鈥淭his funding from HSBC UK recognises Onecom鈥檚 huge potential for significant growth, building on our position as the UK鈥檚 leader in business to business communications technology for the UK SME,鈥 said Ben Dowd, CEO of Onecom.

鈥淥necom鈥檚 success to date is built on strong partnerships with global brands, outstanding customer relationships and the agility to expand through acquisition while nurturing and growing our established customer base.

“The funding from HSBC UK reinforces our commitment to achieving that growth while placing strong customer relationships and outstanding solutions at the heart of everything we do at a local, regional and national level.鈥

Anthony Reed, HSBC UK鈥檚 head of corporate banking for Hampshire and Dorset, added: 鈥淎s a forward-thinking leader in the telecoms industry, Onecom鈥檚 investment in cutting-edge technology and dedication to delivering top-quality services for its customers creates a strong platform for growth.

“Our local team, led by Ben Hyslop, have worked closely with Onecom to create a tailored finance package to best support its ambitious expansion strategy and we look forward to seeing its plans come to fruition.”

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