Magdalene and Traxe join forces to create industry leader.

Magdalene, the independent services provider of bespoke telecommunications solutions to operators and customers across the national highways, railways, electricity and utility segments, has acquired leading engineering services company Traxe Global Services Limited from Xtera Communications, Inc. The acquisition brings together two well-established independent service providers, and will enable the combined company to deliver end-to-end solutions for some of the UK’s leading telco operators and public and private enterprises.

The acquisition enhances Magdalene’s long-term strategy to boost its service capabilities and support an ever-expanding customer base. Previously, part of the Xtera group of companies, Traxe provides maintenance, deployment and logistics services to IT and telecom companies in the UK. Acquiring Traxe will give Magdalene’s clients access to a wider service infrastructure as well as more agents with over 50 people from Traxe joining.

“It’s a great opportunity for us to expand Magdalene’s business and we’re delighted to welcome Traxe on board,” said Anthony Crane, managing director of Magdalene. “We weren’t prepared to partner with just anyone, but Traxe’s values and company culture are everything Magdalene promotes, making them the perfect fit for us.”

Customer loyalty and retention have been key differentiators in Magdalene’s success. The acquisition will enable both companies to offer their existing clients broader experience with additional maintenance capabilities.

“We see consolidation in the multi-vendor service industry as positive for Xtera and our customers,” said Paul Colan, executive vice-president and chief financial officer at Xtera. “Magdalene is well-established in this industry.”

“Our customers are key to everything we do. We wouldn’t be making an acquisition like this unless we were sure it would benefit both sets of clients and improve the level of service Magdalene offers – by extending first line maintenance capabilities and increasing our optical service capabilities,” adds Crane. “It’s a great move for all involved.”

About Magdalene

Magdalene provides comprehensive independent solutions which address the individual needs of its customers throughout the telecommunications industry. Its capabilities encompass all phases – from needs capture, network design, procurement, project delivery to complete maintenance services and full network operations capabilities.

Headquartered in St. Ives, Cambridge, UK, with offices in Paris and Belfast, the company employs approximately 200 people. Established in 1996, it has dedicated marshalling and logistics, network operations and test bed facilities specifically designed to support its managed service offerings. Along with offering integration, implementation and network support tools Magdalene helps its customers, which include some of the main mobile and fixed operators in the UK, improve their delivery performance and network availability and reduce costs. For more information please visit www.magdalene.co.uk

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