The services arm of
BT aims
to more than double its turnover to £2bn within five years.
The division is undergoing the process of being renamed before the end of the
year, and is the result of a series of acquisitions made by BT over the past two
years.
BT
acquired Basilica last August and snapped up Lynx in October last year. The
firm has bought five resellers in the past three years, including dabs.com and
Skynet.
The combined turnover from the five channel companies totals about £700m.
However, parent company BT is intent on reaching £2bn by 2013.
Nick Wiltshire, sales director of BT Lynx/BT Basilica, told CRN: “BT
wants us to be a £2bn organisation within five years. Some of that growth will
come from organic growth within the group, but part of that will also be through
acquisition.
“We are going to look after and work with partners, vendors and distributors
that have worked with us in the past, rather than the ones that have sat on the
sidelines,” he added.
Tom Kelly, UK managing director of rival
Logicalis,
said: “There have been rumours for a while that [BT Lynx and Basilica] have been
given the go-ahead to make more acquisitions. The big issue will be getting
everyone from the different cultures pointing in the same direction and I
seriously question BT’s ability to do that successfully.”
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