People Telecom is an Australian telecommunications company and subsidiary of
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 ...
. It resells
internet access and
telephony
Telephony ( ) is the field of technology involving the development, application, and deployment of telecommunication services for the purpose of electronic transmission of voice, fax, or data, between distant parties. The history of telephony is i ...
services. It was founded in 2000 by Ryan O'Hare and Colin Marland.
In 2004 People Telecom achieved stock market listing by doing a
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 compa ...
of Swiftel Ltd. People Telecom was listed in the 2005 Australian
Deloitte Fast 50
The Deloitte Technology Fast 500 Awards are run and moderated by international professional services group Deloitte Touche Tohmatsu Limited. They recognize the 500 fastest-growing technology companies in regions around the world. Winners include ...
list of growing companies. In August 2007, John Stanton took over as chief executive officer from founder Ryan O'Hare.
Swiftel Ltd was a listed Australian company founded in 2000 by Christopher Gale. It was granted a Telecommunications licence, and took control of Roebuck Resources, a listed speculative mining investment company, by reverse takeover. At the time of its takeover by People Telecom, it had a growing data telecom business, but was under-capitalized for rapid expansion.
People Telecom was acquired by
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 ( ...
in December 2008. M2 Group merged with Vocus Communications on 22 February 2016 in a merger worth AU$3.75 billion.
Vocus, M2 Group Plan Merger
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References
External links
People Telecom Homepage
Deloitte Fast 50 2005
{{Internet service providers of Australia
Internet service providers of Australia
M2 Group