ClubTelco explained

ClubTelco
Foundation:Gold Coast, Australia 2010
Location:Melbourne, Australia
Industry:Telecommunications
Services:
  • Landline
  • Broadband
  • VoIP
  • Mobile
  • Mobile Broadband
Num Employees:200
Type:Subsidiary
Parent:Vocus Group

ClubTelco is an Australian Telecommunications and Internet Service Provider founded in 2010, that provides telecommunications services to consumers and small businesses around Australia. Competing with the likes of Telstra, Optus, iiNet, Dodo and Internode. ClubTelco's is owned by Vocus Group, a publicly listed company on the Australian Securities Exchange.[1] It serves over 120,000 customers.

In the summer of 2011, the company merged with Eftel in a reverse takeover,[2] beginning what was expected to be a significant round of consolidation in the Australian ISP industry.[3]

Following the acquisition of Eftel by M2 Group in 2013,[4] ClubTelco operated as a subsidiary brand of M2, until M2 itself merged[5] with Vocus Group on 5 February 2016.

Notes and References

  1. Web site: ClubTelco boils down broadband plans to two. 23 June 2011. iT News. 2011-10-24.
  2. Web site: ClubTelco initiates reverse takeover bid for EFTel. Crozier. Ry. 8 April 2011. iT News. 2011-10-24.
  3. Web site: ClubTelco in spending spree after Eftel buy. Colley. Andrew. 12 July 2011. The Australian. 2011-10-24. Sydney.
  4. Web site: M2 closes Eftel offer. McDonald. Stephanie. 13 May 2013. Computerworld. 2015-10-03.
  5. News: Vocus and M2 Merger Approved ยท Vocus Communications. 2016-02-09. 2017-10-24. en.