01
Technical & commercial due diligence
Test technology, suppliers and contracts against the investment case, focusing on findings that could move value, margin or execution risk.
Technology for a more connected world
We assess.
We advise.
We build.
Technical and commercial judgement for telecoms. We help operators, founders and investors understand risk, make better decisions and build what the business actually needs.
Athnova Advisory
Complexity meets clarity.
We work where technology, commercial reality and operations meet.
From transaction diligence to platform rebuilds, Athnova works across technology, suppliers, operations and data to identify what matters commercially and what to do next.
02
Operating partner & board advisory
Independent technology and operations judgement for boards, investors and portfolio companies when a permanent executive is unnecessary or premature.
03
Telecom platforms & infrastructure
Assess, design and rebuild the systems that carry and bill traffic: voice, routing, numbering, interconnect and carrier integration.
04
Operations, process & data
Trace how the operation actually works, from workflow to reporting and source data, then change what improves cost, margin or control.
05
Technology strategy & transformation
Choose the architecture and investment, then lead the modernisation needed to turn those choices into working systems.
Due diligence
Understand the technology risk behind the numbers.
Technology, commercial dependencies and operating reality, assessed together.
We test whether the technology, supplier estate and operating model support the commercial assumptions behind a transaction. That means architecture and code, but also contracts, licensing, unit economics, delivery capability and the investment required after completion.
Architecture & scalability
Capacity, resilience, security, technical debt and cost to scale.
Supplier & commercial exposure
Pricing, commitments, SLAs, concentration, termination and change-of-control risk.
Software & licensing
Ownership, third-party software, SaaS, open-source obligations, transfer rights and cost exposure.
Delivery & operating model
Engineering capability, key-person dependency, roadmap credibility and post-close investment.
Rapid Risk Review
A focused view of the material technology, supplier and operating risks.
Technical & commercial DD
Full assessment of the target against the investment case.
Post-close 100-day plan
Turn diligence findings into sequenced operational and technology actions.
Platforms
We don't only advise.
We build.
Athnova's platforms turn specialist telecom knowledge into reusable infrastructure.
An Athnova platform
Telexicon
Building a commercial and routing intelligence layer for telecoms: canonical numbering data, rate-deck normalisation, destination mapping, routing analysis and margin visibility.
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Routing intelligence
An Athnova platform
Seshnova
A modern prepaid voice platform for operators, combining real-time rating, product control, migration support and APIs designed for integration.
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Communications platform
How we work
Clear scope. Senior judgement.
Plain answers.
Frame the decision.
Agree what needs to be answered and what evidence matters.
Look at the whole system.
Technology, suppliers, contracts, data and people.
Say what it means.
Findings written for the decision, not the archive.
About
From radio networks
to routing tables.
Athnova is led by Rhys Williams, who has spent his career building the things he now assesses.
Rhys on LinkedIn ↗Nine years as an engineer at GEC-Marconi, on MPT1327 and TETRA radio networks. Then twenty-four at Wavecrest, co-founded and grown to around $200m of revenue: an H.323 start-up, twenty inherited TDM switches, the migration back to IP, white-label calling products and serverless APIs.
Built networks, inherited them, replaced them and turned them into products. That range makes it easier to distinguish technical detail from the issues that will cost real money.
Athnova is built around a simple idea: good technology decisions should survive contact with the real world.
Start a conversation
Need clarity on a complex technology decision?
Most conversations start with a transaction, a board question, a platform that needs rebuilding, or an operation that has stopped making sense.