SH Telekommunikation reports record sales for 2016

Monday 27 March 2017 | 09:27 CET | News
SH Telekommunikation Deutschland, the former Sparhandy, announced record turnover of over EUR 400 million in 2016. The company said this was the tenth consecutive year of growth. Last year the company expanded its partfolio with the takeover of network equipment distribution assets from ElectronicPartner Group. In addition to the acquisition, the organic business also showed growth in 2016, the group said, helping by the relaunch of the Sparhandy portal and new agreements with vendors such as Samsung and Huawei.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Huawei / Samsung / Sparhandy.de
Countries: Germany
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Sparhandy ties up with Bonamic to offer enterprise telecom services

Published 12 Feb 2020 09:32 CET | Germany
German retailer Sparhandy said that it is offering a range of telecommunications services to business customers in cooperation ...

Mobilezone expands in Germany with acquisition of Sparhandy

Published 13 May 2019 09:26 CET | Germany
Swiss retailer Mobilezone has acquired Cologne-based Sparhandy (SH) Telekommunikation Deutschland. The purchase price corresponds ...

SH Telekommunikation sees record revenues in 2017

Published 22 Feb 2018 15:16 CET | Germany
SH Telekommunikation Deutschland, the former Sparhandy, said it brought in record revenues in 2017 of over EUR 500 million, the ...

Mobilcom, SH Telekommunikation sign long-term deal

Published 01 Sep 2016 15:35 CET | Germany
German digital lifestyle services provider Mobilcom-debitel has announced an exclusive, long-term partnership with SH ...

Huawei and Sparhandy conclude partnership

Published 19 Apr 2016 10:59 CET | Germany
Huawei and SH Telekommunikation Deutschland, formerly Sparhandy, agreed on a long-term distribution partnership with the aim to ...