ASX-listed telecommunications, cloud and IT solutions provider Over the Wire increased revenue by 17% to $50.3 million for the half year ending December 2020, with earnings before interest, taxes, depreciation and amortisation (EBITDA) increasing 28% to $10.5 million.
Time’s up for ISDN and traditional telephony, while cloud hosted PBX phone systems are soaring.
One foot in the grave for traditional telephony in Australia; even with a last-minute extension to the disconnection commencement date, 30 September 2019 is only just around the corner.
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