Business News

Irish-owned company Telecom announces €1m investment

By Business & Finance
15 May 2015

Telcom has announced a €1m investment as it becomes the newest internet service provider to enter the market.

Telcom’s investment in its infrastructure, which includes an upgrade to a 10 gigabit Core Network, sees the company now enter the business-to-business data services market, in direct competition with other providers such as Eircom, Vodafone and BT.

The founder of Telcom and its managing director, Liam Tully, said: “Telcom may be the newest internet service provider on the market, but we’ve already gained a strong foothold in the voice services sector over a long number of years. There’s a greater demand from business customers for faster and more reliable fibre speeds, so this investment in our core network will deliver a new data solution in addition to our existing voice offering to offices and workplaces throughout the country.”

As part of its investment programme, Telcom have teamed up with independent integrator Agile Networks to design and install the new network and will host it in the TelecityGroup, within their carrier-neutral data centre.

Agile Networks’ managing director, Darragh Richardson said: “The new customised network enables Telcom to sell an extended portfolio of services to Ireland’s business community. Overall, we’re noticing a wider industry trend towards the ‘alternative’ service provider community in Ireland, which is offering businesses of all sizes, greater supplier choice and better coverage regionally.”