In a business update Telford-based Network Telecom reported 2019 revenues up 22% to almost £14.2m (£11.6m in 2018) and profits up by 30%. Staff numbers were boosted by 19%.
The company was acquired in September 2019 by Enreach, the European group backed by pan-European investment firm Waterland.
Network Telecom launched its NT Cloud hosted solution last year along with developments to its NT Multimedia desk phone.
Chris Parkes, Head of Sales and Marketing, said: “2020 is going to be another big year for us with the launch of our new NT Multimedia device as well as lots of exciting plans in the pipeline.”