Telco M2 has announced a ‘process of consultation regarding a potential restructure’. That means jobs will go – possibly hundreds of them.
Ryan O'Hare - one of the pioneers of Australia's competitive telecommunications market - has become a major shareholder and a director of Eftel (ASX: EFT).
Eftel (ASX: EFT) is to acquire the assets of Western Australia based ISP West Australian Networks, which operates under the domain www.westnet.net.au: confusingly similar to that of iiNet's Westnet subsidiary.
ClubTelco - a division of ASX listed telco service provider Eftel - has launched a range of new mobile broadband plans saying the offer "a mix of super cheap and heavy usage options ."
ASX listed ISP Eftel (ASX: EFT) is to merge with ISP ClubTelco in a move that will give ClubTelco shareholders 75.6 percent of the merged entity in a deal that values the combined entity at about $12.8m.
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