Telecommunications, media and technology investment firm Granahan McCourt Capital Dublin (GMCD) has completed the integration of its Irish networks – enet and AirSpeed Telecom.
Granahan McCourt Dublin acquired open access network operator enet in 2013 and AirSpeed Telecom, a provider of integrated licensed wireless with fibre services to businesses, in 2014.
Under the terms of a joint operating agreement, enet will offer solutions to wholesale customers of both companies using AirSpeed’s best in class microwave services.
David C. McCourt, chairman and CEO of Granahan McCourt Capital (pictured), said: “Both enet and AirSpeed Telecom are high growth operations that are well positioned and excellently managed. Both have a clear focus on delivering high quality telecommunications services to organisations in every city, town and county in Ireland. This strategic partnership between enet and AirSpeed Telecom offers the opportunity to re-approach the Irish market with a much stronger solution base for their client portfolio. Ireland is very much at the forefront of the digital revolution, well ahead of Europe and the rest of the world, and as a result, Ireland is very much a cornerstone of our investment strategy going forward. We own other telecom and media businesses in Europe and we hope to continue the trend of moving our assets into Ireland.”
Timothy Wyllie has been appointed CEO of AirSpeed Telecom, following the departure of Liam O’Kelly.
Wylie has over 30 years experience in the telecoms industry and has held executive roles in both Europe and North America. He has worked with David McCourt, the founder of Granahan McCourt Capital alongside Walter Scott, for 25 years on a variety of projects in the technology, media and telecommunications industries. He has been responsible for the design, build and operations of a host of networks for a variety of companies including telecom giants RCN, Comcast and Rogers Communications.
“AirSpeed Telecom is one of the most innovative telecommunications companies in Ireland,” said Wylie. “Continually evolving is essential to any company, but particularly a business operating in the fast moving telecommunications sector and AirSpeed Telecom is exceptional at this. We consistently deliver high levels of innovation, service and value for our customers and this has led to the continued growth and success of the operation. I’m very much looking forward to working with the extremely talented team at AirSpeed Telecom and growing the operation even further.”
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