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Project Telecom

Project Telecom has acquired IMS Telecom, the Leeds-based provider of mobile telecom services, for £2.2m.

Project Telecom is recruiting 75 extra staff in Newark, to fill vacancies in administration, finance, customer service, IT and sales.

Project Telecom has acquired Ternhill Communications, the Shrewsbury-based mobile communications dealership, for £0.5m.

Project Telecom is to shed about 50 jobs at its retail services division in Newark, although some staff will transfer to its expanding corporate services division.

Project Telecom has acquired TW Telecom, the Manchester-based mobile telecoms company with 15,000 customers, for undisclosed terms.

Project Telecom has won planning permission for the £4m expansion of its customer services centre in Newark, with the creation of 200 jobs.

Project Telecom has bought 55,000 subscribers from Hutchison Cellular Services for £14m, in order to expand its business reselling services from large telecoms groups to corporate customers.

Project Telecom is planning to create 200 new jobs in its Newark-based telecoms business, with most of the vacancies being in customer service, IT, account management and sales.

Project Telecom is planning to expand its corporate services business using most of the £17m raised from its recent flotation.

Project Telecom, the virtual network operator, is planning to raise up to £40m in a share placing, in order to fund acquisitions and the creation of new mobile telecom services.

Project Telecom is to set up a £3m national operations centre near its existing site in Newark, with the creation of 200 new jobs.

Project Telecom is setting up a national mobile phones distribution and call centre in Newark with the creation of 100 jobs.