Volaris Group announced that it has completed its twelfth acquisition in the Communications and Media vertical with the acquisition of MDS Global, a leading BSS-as-a-Service provider.
Founded in 1987 as part of Martin Dawes Telecommunications (MDT), a pioneering MVNO in the UK, MDS Global started as an in-house billing system. When MDT was sold to BT Cellnet in 1999, MDS Global was spun-out as a stand-alone business.
Today the company provides revenue management, business assurance, and analytics software to some of the world's leading telecommunications service providers, including British Telecom, Telefonica O2, eir, ACN Europe, Telia, Post Office UK, TalkTalk and ID Mobile. More recently, MDS Global signed deals with Parlem in Spain and VADSA in Mexico, signalling a planned expansion into new global regions. It is at this pivotal moment in the lifespan of the business that Volaris joins MDS Global in order to support and enable the company's continuing expansion plans.
Gary Bunney, CEO, MDS Global
We are very excited by this acquisition.As part of the Volaris family of companies, we can further invest in, and grow, our business.
David Nyland, Portfolio Leader and President, Media & Communications Vertical, Volaris
We look forward to assisting MDS Global in growing their cloud-based BSS-as-a-service offering, which enables disruptive operators to launch and monetise personalised customer, enterprise and IoT configurable services.
