telent accelerates growth in the Rail market
Posted: 26 July 2011 | telent | No comments yet
telent announces that it has agreed a deal to acquire Amey’s 40% share in the Enhance joint venture…
telent today announces that it has agreed a deal to acquire Amey’s 40% share in the Enhance joint venture, which delivers communications maintenance and upgrade services to Tube Lines on the London Underground’s Jubilee, Northern and Piccadilly lines.
The purchase means that telent will become the sole service provider for the remainder of the 13-year Whole Life Communications and SCADA Programme awarded by Tube Lines in 2005.
“Today’s announcement is in line with telent’s strategy to grow its presence in the Rail sector and strengthen its position in the metropolitan/light rail market” explains telent CEO Mark Plato. “Acquiring the remaining share in Enhance consolidates telent’s position as UK market leader for the maintenance of rail communication systems.”
“telent’s quality of service and cost effective delivery has enabled us to grow our rail telecommunications business.” comments telent Rail Director Steve Pears, “we will use this opportunity to continue to develop our service to Tube Lines and other rail organisations.”
telent’s acquisition of Amey’s share in Enhance is expected to complete in the forthcoming weeks.