Vocus Communications and M2 have agreed on a merger, creating a new telco player with a $3 billion market capitalisation, putting it within the S&P/ASX 100 club of companies.
Between the companies they have a string of brand name telecommunication provider services, combined revenue of $1.8 billion, 940 sales staff, a marketing spend of $43 million and significant synergies of about $40 million a year.
Here’s how the combined entity will rank in the local telco world after the merger:
And the leading brands:
Here’s where the $1.8 billion in revenue comes from: