Telesis, a prominent telecommunications firm, is set to transform its financial landscape through an impactful funding agreement.
The recent £2.5 million deal, facilitated by The Royal Bank of Scotland, underpins the company’s ambitious target to double its turnover by 2019.
Strategic Growth Ambitions
Telesis, a stalwart in the telecommunications industry, has set ambitious growth targets as it seeks to double its turnover to £10 million by 2019. A pivotal £2.5 million funding deal is set to catalyse this expansion trajectory, courtesy of The Royal Bank of Scotland‘s corporate transactions team. This financial boost will equip Telesis to extend its service offerings to a broader customer base, particularly in network services.
Based in Bolton and operational since 2009, Telesis has been at the forefront of providing comprehensive communication packages across the North West. Their suite of offerings includes phone systems, calls and lines, mobile services, and broadband solutions. With an expected revenue surge of 20% in the coming year, the company is poised to increase its end user base to 4,000.
Leadership Perspectives on Expansion
Christian Bleakley, the director of Telesis, emphasised the company’s commitment to growth through both organic and acquisitional strategies. He noted, “Our business strategy is focused on expanding through organic growth and acquisitions and the funding from the Royal Bank of Scotland has enabled us to expand our network service reach and increase our customer base.
There is a clear roadmap to achieving the £10 million turnover target by 2019, with aspirations for further increases following enhancements in service offerings. The collaborative efforts of John Copping and Anthony McGreevy have been instrumental in tailoring a funding package adept at supporting Telesis’ expansive ambitions.
Financial and Employment Outlook
The current staff strength at Telesis exceeds 50 employees, a number that reflects its existing £5 million turnover.
Bolstered by a competent management team, Telesis is well-equipped to handle the anticipated growth surge. The funding initiative is a testament to the effective partnership between the company’s leadership and its financial backers.
John Copping, the regional head for the North and Scotland at RBS, highlighted the significant growth trajectory Telesis has undertaken since its inception. He remarked, “Telesis has grown significantly since its inception and this recent funding package has helped them to increase their network service levels and will undoubtedly contribute positively to their future growth.”
Market Expansion and Client Acquisition
Expanding market reach is at the core of Telesis’ strategic initiatives. The anticipated increase in customer numbers is indicative of a robust client acquisition strategy that leverages both existing and new service offerings.
The recent funding provides a platform for Telesis to bolster its market presence, especially in regions previously unexplored. The focus on enhancing network services will likely attract more clients, adding to the company’s growth momentum.
The foresight in securing financial backing has been pivotal to Telesis, enabling them to plan and execute growth strategies effectively.
Long-term Vision and Strategic Partnerships
Strategically, Telesis aims to solidify its position as a market leader in the telecommunications sector.
Partnerships with key financial institutions like The Royal Bank of Scotland have been integral to its long-term vision. The backing from RBS underscores the confidence in Telesis’ strategic direction and its potential market impact.
This symbiotic relationship is expected to yield positive outcomes as Telesis embarks on this ambitious growth journey.
Future Prospects
The outlook for Telesis is promising, with plans firmly in place to not only meet but exceed the £10 million turnover milestone.
The expansion strategy, coupled with strategic financial planning, positions Telesis favorably within the industry.
The robust growth framework established by Telesis serves as a blueprint for sustained success within a competitive market landscape.
The company remains committed to its core values while innovating and expanding its service offerings.
Conclusion
In conclusion, Telesis is poised to make significant strides in the telecommunications industry with its well-defined growth strategy and strong financial backing.
The anticipated doubling of turnover to £10 million, supported by strategic partnerships, highlights a forward-thinking approach to market presence expansion and service excellence.
Telesis is well-positioned to achieve its ambitious goals, thanks to effective strategy and financial support.
With a clear focus on growth and service enhancement, Telesis is on track to significantly increase its market footprint.