Telco innovator, Vonex, is expecting its annualised recurring revenues to jump by 50% from next month when it completes the takeover of telecommunications and data wholesaler, 2SG Wholesale. The ASX-listed cloud-based telco said that it has completed due diligence on 2SG and its acquisition contract is now binding, with the deal expected to be consummated by months end.
12/02/2020 - 17:08
Vonex revenues set to hike 50% after acquisition
By Matt Birney
12/02/2020 - 17:08
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Rank Company Revenue 60th Vonex $47.2m 62nd MCS Services $38.6m 63rd Finbar Group $35.8m 65th Intelligent Monitoring Group $33.1m 66th Atlas Pearls $28.0m 202 listed industrial wa companies ranked by revenue.
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Vonex offers $31m for telco business
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