Comms Group acquires Sydney-based Next Telecom
ASX-listed cloud communications provider Comms Group has acquired Sydney-based telco and managed service provider for $8.67 million. Next Telecom is a business telco specialising in SME and mid-sized corporate businesses, offering corporate data services (corporate fibre and NBN), cloud IP telephony, managed IT services, managed security offerings and other telco services. Comms Group said the acquisition is “transformational” for the company, with a significant increase in scale, product offerings and customer base. “There is strong strategic rationale for the acquisition of Next Telec...
Source: crn.com.au