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Home Oxygen 250

55. Maintel

Oxygen staff by Oxygen staff
25 January 2024
in Oxygen 250
One of Europe’s largest IT resellers, Econocom, just posted growth
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Revenue: £91m (-12%)          

Headcount: 493

This AIM-listed cloud and comms provider is bouncing back following a “challenging few years” that culminated in CEO Ioan McRae resigning in February 2023. Calendar 2022 results showed a £4.9m net loss on revenues that slid 12% to £91m, amid supply chain issues and public sector tender delays. Revenues stabilised in H1 2023 amid efforts to streamline operations and “optimise market and product strategy”.

Oxygen ice-breaker: Maintel’s Avaya heritage “is second to none”, Maintel’s Chief Growth Officer Yogesh Patel claimed in December as it added Avaya Experience Platform to its portfolio.

Tags: Maintel
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