Onecom eyes £600m following Vodafone deal

Vodafone bigwig Onecom has signed a record partner deal with the operator and set out plans to become a £600m ICT powerhouse within five years.  
The collaboration will deliver more than £100m annual revenue from mobile, fixed line, broadband and IT services if all goes to plan.

Onecom intends to triple growth of fixed line services sales over the period and leverage Vodafone’s roll-out of 5G.  

According to Onecom research, 64% of SMEs could upgrade to 5G within six months of it becoming available to them.  
Onecom CEO Ben Dowd said: “Vodafone has recognised Onecom’s significant contribution to growing mobile revenues and driving further growth in fixed line and IoT.”

Onecom was named Vodafone Total Communications Partner of the Year in 2015, 2016, 2017 and 2018.

Onecom's ramped up ambitions follow a £30m funding deal with HSBC.

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