People Telecom

People Telecom Pty Ltd
Subsidiary
Industry Telecommunications
Fate Acquired
Founded 2000
Founder Ryan O'Hare
Colin Marland
Headquarters North Sydney, Australia
Products Broadband
Telephone
Mobile
Web Hosting
Revenue A$90,000,000 (2006)
Number of employees
 70
Parent M2 Group
Website www.peopletelecom.com.au

People Telecom is an Australian telecommunications company and subsidiary of M2 Group. It resells internet access and telephony services. It was founded in 2000 by Ryan O'Hare and Colin Marland.[1]

In 2004 People Telecom achieved stock market listing [2] by doing a reverse takeover of Swiftel Ltd. People Telecom was listed in the 2005 Australian Deloitte Fast 50 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.[3] It was granted a Telecommunications licence, and took control of Roebuck Resources, a listed speculative mining investment company, by reverse takeover.[4] 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 in December 2008.[5]

References

  1. ↑ People Telecom Explained
  2. ↑ Swiftel plans future with People
  3. ↑ Industry Development Plan Swiftel Pty Ltd
  4. ↑ Roebuck Resources (23 March 2000)
  5. ↑ M2 acquires People Telecom for $17m
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.