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ClubTelco
ClubTelco is an Australian Telecommunications and Internet Service Provider founded in 2010, that provides telecommunications services to consumers and small businesses around Australia. Competing with the likes of Telstra, Optus, iiNet, Dodo and Internode. ClubTelco's is owned by Vocus Group, a publicly listed company on the Australian Securities Exchange. It serves over 120,000 customers. In the summer of 2011, the company merged with Eftel in a reverse takeover, beginning what was expected to be a significant round of consolidation in the Australian ISP industry. Following the acquisition of Eftel by M2 Group in 2013, ClubTelco operated as a subsidiary brand of M2, until M2 itself merged with Vocus Group Vocus Group Limited, formerly known as Vocus Communications, is an international telecommunications company headquartered in North Sydney, Australia. Founded by James Spenceley as a wholesale, business, government and consumer telecommunicati ... on 5 February 2016. ...
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Eftel
Eftel Limited is an internet service provider and telecommunications provider in Australia, with approximately 120,000 active accounts. It was established in 1999. Eftel offers a range of services including: DSL and dial-up Internet access, web hosting and telephony services - to the retail, corporate and wholesale telecommunications markets. Eftel's services are delivered through a nationwide network of points of presence in all capital cities and regional areas around Australia. The network architecture and technology allows for the supply of voice, data or video services simultaneously; giving the capability to supply local and long-distance calls, high-speed data, Internet and video conferencing services to its customers. In 2013, Eftel was acquired by the rival M2 Group (now Vocus Group) for approximately $44.1 million. The company and its former subsidiaries, including aaNet and ClubTelco ClubTelco is an Australian Telecommunications and Internet Service Provider foun ...
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M2 Group
M2 Group Ltd was an Australian retailer and wholesaler of telecommunications services as well as power, gas and insurance products. On 5 February 2016, M2 Group Ltd merged into Vocus Communications. History Established in 1999, M2 Group Ltd (“M2”, ASX: MTU) was a provider of a range of communication, utility and insurance services to Australian households and small businesses. Headquartered in Melbourne, M2 had more than 3000 employees in Australia, New Zealand and the Philippines. At M2's 2013 Annual General Meeting, shareholders voted to change the company's name from M2 Telecommunications Group Ltd to M2 Group Ltd. M2's business segment included the Commander and Engin brands, offering a suite of traditional and managed voice and data services and equipment. Consumer division The consumer segment, under the brands of Dodo and iPrimus, offered Australian consumers telecommunications services, energy and insurance Wholesale division Through the M2 Wholesale division, ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Vocus Group
Vocus Group Limited, formerly known as Vocus Communications, is an international telecommunications company headquartered in North Sydney, Australia. Founded by James Spenceley as a wholesale, business, government and consumer telecommunications provider, Vocus owns and manages Australia's second largest intercapital fibre network. Vocus provides retail, wholesale and corporate telecommunications services across Australia and New Zealand. Vocus offers data network services such as Internet, dark fibre, IP WAN, unified communications and telephony and cloud services to mid, large and corporate businesses direct and also acts as a wholesaler. The company owns and operates 18 data centres across Australia and New Zealand and has an onshore network operations centre run by the engineers who built the network. Vocus acquired Perth-based Amcom in 2015. Vocus merged with M2 Group on 22 February 2016 in a merger worth AU$3.75 billion, before which it reported profits of AU$62.25M. The ...
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Internet Service Provider
An Internet service provider (ISP) is an organization that provides services for accessing, using, or participating in the Internet. ISPs can be organized in various forms, such as commercial, community-owned, non-profit, or otherwise privately owned. Internet services typically provided by ISPs can include Internet access, Internet transit, domain name registration, web hosting, Usenet service, and colocation. An ISP typically serves as the access point or the gateway that provides a user access to everything available on the Internet. Such a network can also be called as an eyeball network. History The Internet (originally ARPAnet) was developed as a network between government research laboratories and participating departments of universities. Other companies and organizations joined by direct connection to the backbone, or by arrangements through other connected companies, sometimes using dialup tools such as UUCP. By the late 1980s, a process was set in place towa ...
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Telstra
Telstra Group Limited is an Australian telecommunications company that builds and operates telecommunications networks and markets voice, mobile, internet access, pay television and other products and services. It is a member of the S&P/ASX 20 and Australia's largest telecommunications company by market share. Telstra is the largest wireless carrier in Australia, with 18.8 million subscribers as of 2020. Telstra has a long history in Australia, originating together with Australia Post as the Postmaster-General's Department upon federation in 1901. Telstra has transitioned from a state-owned enterprise to a fully privatised company and has recently focused on diversified products and emerging technologies. History Australia's telecommunications services were originally controlled by the Postmaster-General's Department (PMG), formed in 1901 as a result of Australian Federation. Prior to 1901, telecommunications were administered by each colony. On 1 July 1975, separate ...
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Optus
Singtel Optus Pty Limited (commonly referred to as Optus) is an Australian Telecommunications in Australia, telecommunications company headquartered in Macquarie Park, New South Wales, Australia. It is a wholly owned subsidiary of Singapore, Singaporean telecommunications company Singtel. Optus is the List of mobile network operators of the Asia Pacific region#Australia, second-largest wireless carrier in Australia, with 10.5 million subscribers as of 2019. The company trades under the Optus brand, while maintaining several wholly owned subsidiaries, such as Uecomm in the network services market and Alphawest in the ICT services sector. To provide services, Optus mostly owns and operates its own network infrastructure, It provides services both directly to end users and also acts as a wholesaler to other service providers such as Exetel and Amaysim. Through its Optus 'Yes' brand, it provides broadband, and wireless internet services. Other wholesale services include Satellite an ...
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IiNet
iiNet Limited is an Australian internet service provider that sells NBN plans and services on its ULTRA Broadband Cable, FTTB and VDSL2 networks. It was acquired by TPG Telecom in July 2020. iiNet was acquired by TPG in September 2015 for $1.56 billion, but retained its retail brand name in the market. iiNet acquired or merged with many smaller ISPs, building a customer base in Western Australia and then, by acquiring ihug and OzEmail, expanded into the eastern states. History iiNet was founded in 1993 by Michael Malone and Michael O'Reilly, who started the business in a suburban garage in Perth as iiNet Technologies. It began as one of the first Australian ISPs to offer TCP/IP Internet access , as opposed to the store-and-forward techniques (such as MHSnet) that were then in use at other ISPs. It claims it was the first ISP to offer Point-to-Point Protocol, PPP access in Australia, and to be the first to base operations on the then new Linux operating system. The company ou ...
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Australian Securities Exchange
Australian Securities Exchange Ltd or ASX, is an Australian public company that operates Australia's primary securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia as, The Sydney Stock Exchange, a separate entity). The ASX was formed on 1 April 1987, through incorporation under legislation of the Australian Parliament as an amalgamation of the six state securities exchanges, and merged with the Sydney Futures Exchange in 2006. Today, ASX has an average daily turnover of A$4.685 billion and a market capitalisation of around A$1.6 trillion, making it one of the world's top 20 listed exchange groups. ASX Clear is the clearing house for all shares, structured products, warrants and ASX Equity Derivatives. Overview ASX Group is a market operator, clearing house and payments system facilitator. It also oversees compliance with its operating rules, promotes standards of corporate governance am ...
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Reverse Takeover
A reverse takeover (RTO), reverse merger, or reverse IPO is the acquisition of a public company by a private company so that the private company can bypass the lengthy and complex process of going public. Sometimes, conversely, the public company is bought by the private company through an asset swap and share issue. The transaction typically requires reorganization of capitalization of the acquiring company. Process In a reverse takeover, shareholders of the private company purchase control of the public shell company/ SPAC and then merge it with the private company. The publicly traded corporation is called a "shell" since all that exists of the original company is its organizational structure. The private company shareholders receive a substantial majority of the shares of the public company and control of its board of directors. The transaction can be accomplished within weeks. The transaction involves the private and shell company exchanging information on each other, neg ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Internet Service Providers Of Australia
The Internet (or internet) is the global system of interconnected computer networks that uses the Internet protocol suite (TCP/IP) to communicate between networks and devices. It is a '' network of networks'' that consists of private, public, academic, business, and government networks of local to global scope, linked by a broad array of electronic, wireless, and optical networking technologies. The Internet carries a vast range of information resources and services, such as the inter-linked hypertext documents and applications of the World Wide Web (WWW), electronic mail, telephony, and file sharing. The origins of the Internet date back to the development of packet switching and research commissioned by the United States Department of Defense in the 1960s to enable time-sharing of computers. The primary precursor network, the ARPANET, initially served as a backbone for interconnection of regional academic and military networks in the 1970s to enable resource sharing. Th ...
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