Company Overview
Offshore Telecom became publicly listed on the London Stock Exchange in January 2001, as providers of satellite communications services for the global leisure marine market. Following the acquisition of Matrix Network Solutions in April 2003 a review of activities was conducted. In light of continuing losses within the original satellite communications business the board withdrew from satellite activities and focused on transforming the company into a leading supplier of high performance IT network solutions. On the 10th March 2004, Offshore Telecom was renamed Matrix Communications Group