Balfour sells telecoms division to Obelisk

Grant Prior 11 months ago
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Irish infrastructure business Obelisk has acquired the telecoms division of Balfour Beatty.

The move continues Obelisk’s expansion plans since it was acquired by European giant Constructel Visabeira in 2022.

The deal sees Obelisk acquire new UK offices in Southampton where it will retain Balfour Beatty’s existing team of employees and partners.

Obelisk Chief Executive Officer, Ronnie Delaney said: “We are very pleased to welcome the telecoms team from Balfour Beatty, who together have delivered consistently in this sector for clients such as EE, Cellnex, Cornerstone and Vodafone.

“The team, led by Philip Fensom, will bring knowledge, experience and like-minded values to further enhance Obelisk as a partner of choice in the provision of innovative and quality telecoms infrastructure solutions sustainably and safely.

“Obelisk will continue to accelerate new growth opportunities in these sectors, going beyond connection to invest in and expand our skilled workforce across the UK and Ireland, and offer more complete solutions for our clients in new and existing markets.”

Phil Fensom, Operations Manager, added: “I along with my fellow team members look forward to working with the Obelisk team, to continue to deliver successfully, and assume new challenges as the business goes from strength to strength”

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