164:, and gas & electricity services in eight European countries including the UK, Ireland, Belgium, Netherlands, Germany, Spain, Portugal and the Czech Republic to both consumer and small business customers. An online casino and bingo service called euPLAY was released in July 2008; this system allows anyone to set up their own online casino for free and earn commissions from gameplays from their own players and also the players of anyone they introduce. An online sign up facility for Euphony's utility services will be launched in mid July 2009.
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Euphony was repeatedly featured in UK national newspapers, which referenced its rapid expansion and success. In 2004, the company was sold to an investor group led by Giles
Redpath, who took over as CEO in 2004. The operation relocated to Basingstoke, UK until it discontinued business in 2010. The
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Euphony
Communications, Ltd was founded in 1998 by US born Dan Robison. Following the success of Excel Telecommunications, Inc in the US, the company used a similar type direct sales program to attract independent salesmen who would offer a multitude of services to family and friends, and receive
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In
December 2009, the Belgian Management Team performed a Management Buy Out of the business operating in Belgium and The Netherlands and continue to operate as a reseller of services. These services include Mobile, Fixed line telephone, Internet, Gas, Electric, Solar power, Digitale Television,
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commissions relating to their usage. The sales force was encouraged to build teams who did the same. Euphony sold telephony services through a wholesale agreement with Cable & Wireless
Telecom, and resold at a retail pricing structure which was competitive with local pricing and offers.
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In
February 2008, Euphony was listed as 13th in the Sunday Times Buyout Track 100, the list of the 100 privately owned companies with the fastest-growing profits, with 80.91% annual profit growth.
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Euphony
Communications Ltd went into administration in 2009. Business was transferred to Hive Communications in 2010.
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shares are held thus; Giles
Redpath (53%), Penta Capital (35%), management (2%), others (10%).
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Please help update this article to reflect recent events or newly available information.
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was a privately owned direct marketing company based in
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338:This article about a company of the UK is a
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342:. You can help Knowledge by
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