M2 Group Ltd
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), followed by the acquisition of Commander Communication's established wholesale network services company, Unitel Australia Pty Ltd in February 2008.
M2's consolidated revenues now exceed A$160 million (annualised), approximately evenly shared between M2 Telecom and M2 Wholesale. On the basis of the successful completion of M2's acquisition of People Telecom Limited (ASX:PEO) in mid April 2009, annualised group revenues are expected to surpass A$250 million.
M2 has a proven track-record of
DroneShield Ltd (ASX:DRO) is pleased to provide an update on its operations.
The Australian market opened slightly higher on Tuesday. Wall Street posted modest gains overnight as investors focused on the company earnings reports and shrugged off the weak housing data.
The Australian shares were broadly higher. The benchmark S&P/ASX200 rose 76.4 points, or 2 per cent, at 3894.4, while the broader All Ordinaries gained 74.6 points, or 1.96 per cent, to 3887.9 points. Besides the strong lead from Wall Street, the rising commodities prices may also push up the market today.
Diversified telecommunications services provider M2 Telecommunications Group Limited (ASX:MTU) today released its financial results for the half year ended 31 December 2008, delivering strong growth in earnings, earnings per share (EPS), dividends per share (DPS) and consolidated revenues.
M2 Telecommunications Group Limited (ASX:MTU) provides the opportunity to listen to an audio broadcast with Mr Vaughan Bowen, Group Managing Director/CEO, in a presentation titled "M2 agrees to acquire People Telecom".
M2 Telecommunications Group Limited (ASX:MTU) and People Telecom Limited (ASX:PEO) today announced that they have reached agreement for M2 to acquire 100% of People Telecom by way of Scheme of Arrangement ("Scheme").
Diversified telecommunications service provider M2 Telecommunications Group Limited (ASX:MTU) has today announced their appointment by Medibank Private Ltd as the preferred provider of telecommunications services to Medibank Private members.
Diversified telecommunications services provider M2 Telecommunications Group Limited (ASX:MTU) has today reported its financial results for the full year ending 30 June 2008 delivering a record Net Profit After Tax (NPAT) of $5.2 million, up 114% on full year 2007.
AUDIO: M2 Telecommunications Group Limited ASX: MTU - M2 Announces Wholesale Agreement With People Telecom - Mr Vaughan Bowen, Managing Director
M2 Telecommunications Group Limited (ASX: MTU) - M2 Announces Wholesale Agreement with People Telecom - Mr Vaughan Bowen, Managing Director; M2 Telecommunications Group Limited (ASX: MTU) present the following audio webcast regarding "MTU - M2 Announces Wholesale Agreement with People Telecom - Mr Vaughan Bowen, Managing Director". You may also download this audio webcast to your computer or portable audio player.
M2 Telecommunications Group (ASX:MTU) Signs A$9M Agreement with People Telecom (ASX:PEO) For Wholesale Mobile Services
Diversified telecommunications services provider M2 Telecommunications Group Limited (ASX: MTU) has today announced that it has executed a two year wholesale agreement to supply People Telecom (ASX: PEO) with Optus third generation ("3G") mobile services, valued at a minimum of $9 million over two years.
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