Melbourne, Feb 28, 2008 (ABN Newswire) - M2 Telecommunications (ASX: MTU) is pleased to provide an opportunity to listen to an audio broadcast of a BoardroomRadio interview with M2's CEO/MD, Vaughan Bowen, titled "Half-Year Results to 31 Dec 2007".
During the interview Vaughan comments on:
- M2's financial performance, particularly growth in revenue and NPAT as well as the declaration of consecutive dividends,
- M2's acquisitions during 1H08, including Orion and, post,
- The extension of M2's appointment by Optus as exclusive wholesale mobile network enabler,
- The formation of the M2 on-line business unit, including Simply Mobiles and Green Mobiles, and
- A synopsis of the outlook for FY2008.
The audio cast is available at the following Link:
Should you have any questions please do not hesitate to contact Vaughan Bowen on 03 9674 6555.
About M2 TELECOMMUNICATIONS GROUP LIMITED
Established in 1999, M2 Telecommunications Group Limited (ASX: MTU) is a network independent provider of fixed-line, mobile and data telecommunications services Australia wide and in New Zealand. M2 is head-quartered in Melbourne and employs approximately 160 people nationwide.
Within its "M2 Telecom" business division, M2 offers a suite of unique bundled telecommunications services and value added offerings targeted principally at the small enterprise market, distributed through an exclusive trans-Tasman network of sales dealerships, agencies and through targeted on-line marketing ventures (www.simplymobiles.com.au and www.greenmobiles.com.au). M2 Telecom also incorporates Southern Cross Telco, an established retail and small enterprise targeted telco, acquired by M2 in October 2007.
"M2 Wholesale" is the other core business division of M2, in which wholesale telecommunications services are supplied to small and medium sized telecommunications service providers and Internet Service Providers (ISP's). M2 Wholesale was launched in mid 2006 following M2's appointment by Optus as its exclusively endorsed aggregator/enabler of Optus mobile services. As a further boost to its wholesale operations, in May 2007 M2 completed the purchase of Australia's largest independent data wholesaling business, Wholesale Communications Group Pty Ltd (WCG).
With the announcement in February 4 2008 of M2 Wholesale's acquisition of Commander Communication's established wholesale network services company, Unitel Australia Pty Ltd, M2's consolidated revenues now exceed $140 million (annualised), approximately evenly shared between M2 Telecom and M2 Wholesale.
Contact
Ryan Banting Head of Strategy M2 Telecommunications Group Limited Tel: +61 3 9674 6555 Dir: +61 3 9674 6540 Mob: +61 419 515 439 Fax: +61 3 9674 6599 Email: ryanb@m2.com.au Web: www.m2.com.au
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