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Australia More Telecom acquires Powercom Pacific

By Rajiv MenonAustralia
1 min read
Australia
Australia
In this article (5)

More Telecom announced its acquisition of national internet and phone provider, Powercom Pacific, substantially increasing the company’s SME customer base. More Telecom is one of Australia’s most successful and longest-running NBN providers with a sister retail business, Tangerine Telecom.

Powercom Pacific owns several brands including Powercom, Montimedia and QTelecom and all customers will be migrating to More Telecom.

All Powercor Pacific staff will be moving with the business and maintain ongoing employment with More.

More Telecom General Manager, Andrew Branson, said the acquisition strengthens the More business which is expanding in both customer numbers and product offers.

“The More business consistently seeks exciting expansion opportunities and with Powercom, we identified a business with complementary cultural and business models.

“The Powercom customer base consists of long term, loyal, small business owners who want excellent service and we are confident we can deliver on this front,” said Branson.

More Telecom has also expanded its SME reach via the launch of other business services such as More Payments and More Bookkeeping.

More Telecom has also invested in building a strong business offering a full white label solution to other telcos and IT firms and has become Australia’s top white label NBN provider.

The More Telecom and Tangerine Telecom business model works on a B2B/B2C business model delivering more efficiency and faster speeds due to the balanced bandwidth loading between the business peak hours during the day and the consumer peak hours during the evening.

Questions & Answers

Q.

What is the primary reason More Telecom acquired Powercom Pacific?

A.

More Telecom acquired Powercom Pacific to substantially increase its SME customer base. The acquisition also strengthens the More business, which is expanding its customer numbers and product offerings.

Q.

Will Powercom Pacific's existing brands continue to operate independently?

A.

No, all customers from Powercom Pacific's brands, including Powercom, Montimedia, and QTelecom, will be migrating to More Telecom. The acquisition means these brands will no longer operate independently.

Q.

What is More Telecom's strategy for expanding its SME customer reach?

A.

More Telecom is expanding its SME reach through acquisitions like Powercom Pacific, launching new business services such as More Payments and More Bookkeeping, and offering white label solutions to other telcos and IT firms.

Q.

How does the business model of More Telecom and Tangerine Telecom contribute to efficiency and faster speeds?

A.

Their B2B/B2C business model balances bandwidth loading. Business peak hours during the day and consumer peak hours in the evening lead to more efficient use of bandwidth and faster speeds for customers.

Reader pulse

Is this a smart acquisition for More Telecom?

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