Vodafone Group Plc's ("Vodafone") UK subsidiary, Vodafone Limited ("Vodafone UK") and Telefonica UK Limited ("TEF UK") (together, the "anchor tenants") today announce the commercialisation of Cornerstone Telecommunications Infrastructure Limited ("Cornerstone"), the 50:50 owned joint venture company that owns and manages their passive tower infrastructure in the United Kingdom.
Dubber Acquires Leading UK Mobile Recording Company Speik
Key highlights:
Speik supports O2 s mobile recording service: Increases Dubber s UK footprint
Speik provides PCI Compliance solutions with UK Carriers: Enriches Dubber s solution portfolio as leader in Unified Call Recording, Compliance, secure voice data management
Speik has annual revenue of circa £7m (circa A$12.4m): Growing month-on-month
Speik is profitable: Enhancing Dubber s consolidated bottom line
Accretive Fundamentals: Service provider and solution footprint, technology synergies and lean operating structure expected to contribute to revenue growth
Scrip and cash consideration with earn-out: Over half the consideration subject to a 16-month performance based earn-out to incentivise performance and preserve Dubber s strong cash position