telent today announces that it has agreed a deal to acquire Amey’s 40% share in the Enhance joint venture, which delivers communications maintenance and upgrade services to Tube Lines on the London Underground’s Jubilee, Northern and Piccadilly lines.
The purchase means that telent will become the sole service provider for the remainder of the 13-year Whole Life Communications and SCADA Programme awarded by Tube Lines in 2005.
“Today’s announcement is in line with telent’s strategy to grow its presence in the Rail sector and strengthen its position in the metropolitan/light rail market” explains telent CEO Mark Plato. “Acquiring the remaining share in Enhance consolidates telent’s position as UK market leader for the maintenance of rail communication systems.”
“telent’s quality of service and cost effective delivery has enabled us to grow our rail telecommunications business.” comments telent Rail Director Steve Pears, “we will use this opportunity to continue to develop our service to Tube Lines and other rail organisations.”
telent’s acquisition of Amey’s share in Enhance is expected to complete in the forthcoming weeks.
Transport for London acquired Tube lines in June 2010.
With annual revenues of over £300 million, telent (www.telent.com) has decades of experience in supplying a broad range of network and communications services. Today, the privately-held company employs approximately 2,000 people and has an engineering field force that covers the entire UK. Customers include: BT, Merseyside Fire & Rescue, the Metropolitan Police, National Express, Network Rail, Stagecoach, Tube Lines, and the UK Highways Agency.
Amey is one of the UK’s leading infrastructure services providers with more than 11,000 staff. We deliver end to end services in the highways, schools, waste, rail, workspace, street lighting, justice and aviation sectors. By offering a connected solution from design and feasibility right through to the day to day management and maintenance of services, our asset management approach means that we maximise efficiencies for our customers.
Amey has a contract with Tube Lines to manage other maintenance services for the Piccadilly, Jubilee and Northern London Underground lines.
