Breaking news

Friday, 5th of December, 2008:

M2 agrees to acquire People Telecom.

People Telecom Board unanimously recommend shareholders approve the transaction.

M2 Telecommunications Group Limited (ASX: MTU) and People Telecom Limited (ASX: PEO) announced on Friday 5 December 2008 that they have reached agreement for M2 to acquire 100% of People Telecom by way of Scheme of Arrangement. Click here to read the full ASX announcement.

M2® Telecommunications Group Limited is a network independent retailer and wholesaler of fixed-line, mobile and data telecommunications services to mainly to small to medium enterprises in Australia and New Zealand.

M2 specialises in the provision of tailored and value added services. 

Whether you want access to fantastic competitive mobile cap plans or new mobile phone handset, a complete IT package, or perhaps you’d like to earn unlimited Travel Dollars® to spend on any travel product throughout the world just by being apart of our Phone & Fly® program – M2 has the ultimate solution for you.

M2’s other product offerings:

Simply Mobiles one of Australia’s leading competitively priced online mobile phone retail stores - and :

GreenMobiles - Australia’s first green Telco offering competitive Green Cap mobile plans with 10% invested in green house abatement initiatives further demonstrates M2’s constant strive for innovation.