AirSpeed Telecom purchase by Irish Infrastructure Fund positions us for growth < back to blog
AirSpeed Telecom reached an important milestone recently when the company was acquired by the Irish Infrastructure Fund (IIF). We're excited about this development as it leaves us very well positioned for growth and importantly gives a strong forward direction for our team.
The IIF, which is managed by AMP Capital and Irish Life Investment Managers, is a long-term, strategic investor who's committed to AirSpeed Telecom and to Ireland. Its acquisition of the company is a strong mark of confidence in what we've helped build. Founded in 2003, the business has extensive reach across Ireland and currently delivers voice, data and security solutions to more than 400 Irish business customers - including Irish Distillers, United Drug and Dairygold.
This year marks the 15th year of AirSpeed Telecom serving these enterprise customers, and one thing that's been true ever since our foundation is that companies who come to us value our reliability, and premium Service Level Agreements. They also need stability of support and the long-term certainty of knowing their communications provider will be there well into the future.
We’re genuinely delighted about the IIF investment because it provides our customers with that important stability and long-term outlook. It also allows us to continue to expand the products, services and network capacity we can make available to our customers.
The IIF’s investment in AirSpeed Telecom also underlines the strategic criticality of telecoms to Ireland and its future. The Irish Infrastructure Fund has a substantial portfolio of Irish infrastructure assets, including investments in energy and healthcare, but telecoms also play a key role, as companies’ reliance on and hunger for communications technologies continues to grow.
"The demand for data is growing at 25% per annum, and Ireland needs to build out much more capacity if it's going to meet that demand," Irish Infrastructure Fund Principal, Philip Doyle said (pictured). "Companies like AirSpeed Telecom, who continue to deliver high performance services to enterprise, public sector and SME businesses, are driving this demand.”
If you have questions about how AirSpeed Telecom can help you, or would like to discuss your current requirements, don't hesitate to get in touch. We’ll announce our new service enhancements as they become available; drop us a note if you’d like to join our mailing list at email@example.com. Our case study library also features stories of the voice and data solutions we've delivered for customers in the Republic and Northern Ireland, if you’d like to read more at http://airspeed.ie/case-studies.