Page 2 - Mnf Group News Today

The Russian resort town of Sochi, which hosted the 2014 winter Olympics, has some of the highest luxury housing prices in the world, with only Hong Kong and Monaco boasting pricier real estate, a study by consulting agency NF Group has found.

Russia has withstood Western sanctions by investing in domestic production and new supply routes, media reports Read Full Article at RT.com

Domestic companies have been boosting capital spending to adjust to new economic realities Russia has weathered Ukraine-related Western sa

Russians became the biggest foreign buyers of holiday homes in Turkey in 2022 after sanctions limited their ability to purchase in traditional European

ASX-listed telco services provider MNF Group has expanded into Singapore to bring its communications platform as a service (CPaaS) offering.

Uses Singapore product launch as springboard for the broader Asian region.

Listed tech company names former NAB GC as chair Listed tech company names former NAB GC as chair Share MNF Group Limited has appointed the former NAB Australia and Asia general counsel, who was also a partner at two national law firms, as its new chair. MNF (ASX: MNF), which listed in 2006, has named Anne Ward as an independent director and chair of its board, effective immediately. Ms Ward most recently served as chair of fellow listed company Redbubble, is a director of the Foundation for I...

MNF Group has finalised its deal with Vonex for the sale of part of the company’s direct business for $31 million. The two signed the conditional term sheet on 7 June and MNF Group told shareholders today that all conditions of the deal had been satisfied including detailed due diligence. At the time Vonex said the deal would help materially expand its footprint of small-to-medium enterprise and residential customers across Australia, as well as bring in new channel partners. As part of the d...

MNF has offloaded its small business and residential business, which includes cloud phone, mobile and internet services under the MyNetFone brand. The deal does not include the MyNetFone name. The sale comes as MNF looks to simplify its business and focus on its Symbio wholesale business. MNF acquired VoIP wholesaler Symbio Group in 2012. Vonex said the deal would help materially expand its footprint of small-to-medium enterprise and residential customers across Australia, as well as bring in n...

MNF Group has posted impressive profit growth for H1 FY21 despite no significant increase in revenue, showing a 10 percent increase in gross margin to nearly $50 million. In the company’s latest ASX release, MNF reported an EBITDA of $19.6 million, a 16 percent year-on-year increase, with an after-tax net profit of $8.4 million, a 30 percent increase. As part of a strategic review of its direct business, MNF divested itself of Pennytel, selling the subsidiary to one of its domestic wholesale ...