People Telecom

People Telecom is an Australian telecommunications company and subsidiary of M2 Group. It resells internet access and telephony services. It was founded in 2000 by Ryan O'Hare and Colin Marland.[1]

People Telecom Pty Ltd
TypeSubsidiary
IndustryTelecommunications
FateAcquired
Founded2000
FounderRyan O'Hare
Colin Marland
Headquarters
North Sydney
,
Australia
ProductsBroadband
Telephone
Mobile
Web Hosting
RevenueA$90,000,000 (2006)
Number of employees
70
ParentM2 Group
Websitewww.peopletelecom.com.au

In 2004 People Telecom achieved stock market listing [2] by doing a reverse takeover of Swiftel Ltd. People Telecom was listed in the 2005 Australian Deloitte Fast 50 list of growing companies. In August 2007, John Stanton took over as chief executive officer from founder Ryan O'Hare.

Swiftel Ltd was a listed Australian company founded in 2000 by Christopher Gale.[3] It was granted a Telecommunications licence, and took control of Roebuck Resources, a listed speculative mining investment company, by reverse takeover.[4] At the time of its takeover by People Telecom, it had a growing data telecom business, but was under-capitalized for rapid expansion.

People Telecom was acquired by M2 Group in December 2008.[5]

References
  1. People Telecom Explained
  2. Swiftel plans future with People
  3. Industry Development Plan Swiftel Pty Ltd Archived 2012-03-22 at the Wayback Machine
  4. Roebuck Resources (23 March 2000)
  5. M2 acquires People Telecom for $17m
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