Displaying items by tag: Sol Lukatsky

Wednesday, 31 March 2021 12:50

Spirit Tech to acquire Nexgen for $50 million

Listed tech provider Spirit Technology Solutions has announced that it has reached an agreement to acquire telecommunications provider Nexgen for $50 million and has also raised about $23.8 million from institutional investors.

Published in Telecoms & NBN

Listed tech provider Spirit Technology Solutions has reported a lift of 243% year-on-year in its revenue for the first half of the financial year 2021, with total revenue coming in at $42.7 million, according to unaudited results.

Published in Listed Tech

Australian-listed Spirit Technology Solutions - formerly known as Spirit Telecom - is acquiring cyber security services business Intalock for $15 million.

Published in Listed Tech

Australian-listed telco and Internet service provider Spirit Telecom is undertaking a $23.2 million capital raising to assist in the acquisition of three IT and telco companies that it says will increase recurring revenues by 60%.

Published in Telecoms & NBN

Australian-listed Internet service provider Spirit Telecom is trumpeting record growth of the business for 2020, with revenue increasing 100% to $34.9 million and an after tax net loss of $1.5 million in what the company describes as a “transformative” year.

Published in Telecoms & NBN

Australian-listed Internet service provider Spirit Telecom’s fourth quarter 2020 revenue grew 133% year on year to $11.9 million, up from $5.1 million in the same quarter in 2019.

Published in Listed Tech

Australian-listed Internet service provider Spirit Telecom has launched its NBN Enterprise Ethernet (NBN EE) range to resellers and direct customers via its proprietary Spirit X digital sales platform.

Published in CHANNEL NEWS

VENDOR ANNOUNCEMENT: Spirit Telecom Limited (ASX:ST1) is a growth by acquisition story with the group taking advantage of opportunities where it can deliver custom designed cloud-based technology and Internet solutions for high growth markets such as schools, hospitals, aged care and medium sized businesses.

VENDOR ANNOUNCEMENT: Spirit Telecom Limited (ASX:ST1) is a growth by acquisition story with the group taking advantage of opportunities where it can deliver custom designed cloud-based technology and internet solutions for high growth markets such as schools, hospitals, aged care and medium sized businesses.

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