M2 Telecommunications Group Limited

5.94
CHANGE
-0.48 (-7.48%)
20 minute delayed prices during trading hours
VOLUME
1.3M
DAY'S HIGH
6.42
DAY'S LOW
5.93
M2 Telecommunications Group Limited (M2) is engaged in the supply of telecommunications services to residential and business customers within the Australian and New Zealand markets. It operates in two segments: retail, which offers packaged telecommunications services, targeted particularly to small and medium sized enterprises, offering fixed line voice services, including line rental services, mobile voice and data services, terrestrial dial-up and broadband Inter... continued
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M2 Telecommunications Group Limited
M2 Telecommunications Group Limited (M2) is engaged in the supply of telecommunications services to residential and business customers within the Australian and New Zealand markets. It operates in two segments: retail, which offers packaged telecommunications services, targeted particularly to small and medium sized enterprises, offering fixed line voice services, including line rental services, mobile voice and data services, terrestrial dial-up and broadband Internet services, as well as mobile telephone hardware, and and wholesale, which offers the suite of fixed line voice services, including line rental services, mobile voice and data services, terrestrial dial-up and broadband Internet services. On March 1, 2012, Southern Cross Telco Pty Ltd, a wholly owned subsidiary of M2, acquired selected business assets of Time Telecom Pty Ltd. On June 1, 2012, it acquired Primus Telecom Holdings Pty Ltd. In May 2013, the Company acquired Dodo Australia Holdings Pty Ltd.

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Latest MTU news

Three stocks up over 1,000% in the last five years
MAY 17, 2013
Telcos represent a massive Australian industry. Market leader Telstra (ASX: TLS), for instance, has a whopping $62 billion market cap, while smaller but still well known players such as TPG Telecom (ASX: TPM) and M2 Telecommunications (ASX: MTU) boast nearly $3 billion and over $1.2 billion market caps respectively.
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APR 17, 2013
Momentum off the back of the recent sell off below the 4900 mark has the bulls getting ready for a potential break out above the critical 5035 mark with the US Markets providing a positive charge to the local S&P/ASX 200, rising 53.75 points or 1.09% to close at 5004.6 on volume of $4.8 billion.
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APR 17, 2013
M2 Telecommunications (ASX: MTU) rose 5.2%, ending at $5.44. Earlier this month, M2 announced that it was acquiring Dodo and Eftel, as it expands its business into the retail segment. Less than 12 months ago M2 acquired iPrimus as its first foray into the retail segment. Acquisitions should see M2 generate more than $1 billion in revenues in the 2014 financial year.
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