Established in 1999 and listed on the ASX in 2004, M2 Telecommunications Group Limited is Australia's largest network independent provider of fixed-line, mobile and data telecommunications services. The company also provides fixed-line and 3G mobile services in New Zealand.
M2 has shown consistent growth since the mid-2000s through organic growth and strategic acquisitions, and in 2009 acquired People Telecom Ltd and the business assets of Commander Communications, both at bargain basement prices. In 2010 the company completed the acquisition of selected business assets of Clever Communications and Bell Networks. While in 2011 the company continued the acquisition path with purchases of Clear Telecoms that added subscriber numbers, revenue and used debt to finance the purchase and then purchased the subscribers and assets of AUSTAR Mobile in 2011 from the pay TV satellite provider.
In 2012 the assets of Primus Telecommunications was acquired adding further subscriber numbers. While in 2013 the company acquisitions and takeovers continue with Dodo and Eftel now under the M2 umbrella.
This report provides an overview of M2, including an analysis of financial and operational data for FY2013.
Organic revenue growth and growth through strategic acquisitions, customer and network building, seniors' services delivered through the NBN, company operational performance for FY2013.
AUSTAR United Communications, Time Telecom, Clear Telecoms, Bell Networks Voice & Data Pty Ltd, Clever Communications, Eftel, People Telecom, Edirect, B&W, Commander Communications, Unitel Australia, Orion Telecom, Tenex Communications, Wholesale Communications, Primus, Flextalk, PTGi, Telstra, Optus.
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