Amcom Telecommunications has put itself into a trading halt on the Australian Stock Exchange pending an announcement to be made on a proposed transaction.
Vaughan Bowen, chief of acquisition hungry telecommunications company M2, is eyeing a major billing and customer relationship management systems overhaul expected to be kicked off next year.
Chief executive of telecommunications provider M2 Vaughan Bowen today said the company shed 15 to 20 per cent of People Telecom's staff following its acquisition, but it also took on 140 of Commander's call centre staff.
Telco retailer and wholesaler M2 has acquired Commander's small and medium business brands and assets for around $19 million, but not Commander's network infrastructure.
Vodafone Australia's acquisition of Crazy John's has paid off, according to CEO Russell Hewitt, as the company recorded a net increase of around 110,000 new customers in the last quarter to 31 December 2008, but its average revenue per user has continued to fall.
The excitement of a new project must be irresistible to entrepreneurs.
Do Cisco and 3Com end up at the same pub in North Sydney on Friday nights?
The obvious candidates for consolidation in Australia's telecommunications sector are the 170 internet service providers that are scratching to make a living, but others include Dodo, M8 Telecom, Macquarie Telecom and Eftel.
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