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Racing to win in the next age of connectivity

Gamma and Telit are both vying to capture new growth in connectivity
Racing to win in the next age of connectivity
  • Gamma posts healthy profits on strong demand for digital comms in 2020 
  • Rise of the ‘internet of things’ drawing more takeover interest at Telit

Gamma Communictions (GAMA) had a great year in 2020: adjusted cash profits grew by a quarter to £79m, as all of its key products posted growth across the year. The pandemic only had a small impact on its business, as it was mostly immune to the cancellations, bad debt and churn that sprung up elsewhere in the market. 

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