TECHNOLOGY
4
M2 Telecom
Often referred to as M2 Group , the company provides more traditional services to its customers , as well as providing next generation telecommunication products and services . M2 Group focuses on consumer , business , and wholesale telecommunication and is a major player in Australia of all three market types .
Although M2 Group sells to all three groups , its sales team is focused largely on small to medium sized businesses , as well as families and individuals with an intention of growing by providing services with smaller contracts .
The leadership of the M2 Group consists of Geoff Horth who serves as CEO , Richard Correll who serves as the Chief Financial Officer , and John Allerton who serves as the Commercial Director . In 2015 the M2 Group employed 3,300 and has an annual revenue of $ 1.2 billion .
After M2 merged with Vocus , the company was valued at $ 3.9 billion . In December 2015 , M2 had $ 55.1 million in profits over the previous six months and Vocus had profits of $ 27.4 million . The company now has 471,000 broadband subscribers , which is good enough to make the top five of this list , but it is number four in the number of subscribers , and far behind number three based upon the number of subscribers to its services .
30 June 2016