Melbourne telco Binary Networks acquired by Comms Group

ASX-listed cloud communications and telco services company Comms Group has acquired Melbourne-based Binary Networks for $1.8 million.
Binary Networks provides telco services to small to medium-sized enterprises (SMEs) via a Layer-2 data network with points of presence in Sydney, Melbourne and Brisbane. It also operates a fixed wireless service in the rural Queensland town of Goondiwindi.
Binary also has engineering capabilities with data networks, advanced voice services and internet protocol (IP).
Comms Group also expands its head office headcount and bolsters its sales capabilities with the addition of Binary Networks’ staff. Binary founder Michael Diamond also joined Comms Group as head of systems and systems integration.

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