Beyon has announced that its telecommunications subsidiary, Sure, based in the Channel Islands, has successfully completed the acquisition of Airtel Vodafone. This announcement was made during the Gateway Gulf Investor Forum 2024 and aligns with Beyon’s strategy of expanding its international investments through organic growth and strategic partnerships. Present at the announcement were Shaikh Abdulla bin Khalifa Al Khalifa, Chairman of Beyon and Chairman of BTC Sure Group Company, and Andrew Kvålseth, CEO of Beyon.
The acquisition coincides with Sure’s £48 million investment in constructing a new world-class 5G mobile network, marking a transformative era for digital standards and connectivity in the Channel Islands.
Kvålseth stated, “This acquisition is more than just an expansion; it’s about bringing a whole new level of connectivity to the Channel Islands. Customers can look forward to faster, more reliable connections, while investors can be confident in our commitment to profitably grow Sure’s business. By investing in technology and infrastructure that truly transforms the digital experience, we’re supporting a stronger future for everyone connected to our network. I’d like to thank the team at Sure for their incredible effort in making this vision a reality.”
The executive team at Sure emphasized the clear benefits of this acquisition for customers and end-users, who will enjoy faster speeds, improved coverage, and an enhanced digital experience. The new mobile network will also exceed the latest security standards, placing Guernsey and Jersey ahead of the UK mainland and benefiting the environment by requiring a third fewer masts to operate.
Alistair Beak, CEO of Sure Group, expressed excitement from the company’s headquarters in Guernsey: “Today is an exciting day for the future of Channel Island telecommunications.”
“We want existing and new customers to know that the substantial investment we’re making will lead to significant improvements in connectivity, speeds, and coverage, as well as delivering value for money through innovative products and services. The new mobile network, complemented by our extensive fibre network, will enable us to stay ahead of future demand driven by increasingly digital lifestyles.”
Beak also welcomed the Airtel Vodafone team to Sure, expressing enthusiasm about collaborating to leverage their skills and experience in providing exceptional service, ultimately connecting island communities for a better future.