IT services provider PS&C has sold off its Allcom Networks business to Sydney managed services provider Crosspoint Telecommunications for $3.2 million.
The decision to offload its communications business was due to Allcom not being cohesively aligned to PS&Cs core strategy, the company said.
PS&C said its strengths now lie in security and consulting, with Allcom facing tougher competition in communications services, specifically network infrastructure, video conferencing and managed services.
PS&C is fundamentally a people business delivering specialised services to our clients. The
Allcom Networks business did not align with where we are focusing the companys efforts and did not provide PS&C with any competitive adv…
Read the full article at: https://www.crn.com.au/news/psc-offloads-telco-business-allcom-networks-as-part-of-ongoing-restructure-515905