Press room

Inabox enablement strategy bears fruit

Transcription of Finance News Network Interview with Inabox Group Limited (ASX:IAB) CEO, Damian Kay read more

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Inabox names M2 director, David Rampa, to its board as a non-executive director

Telecommunications services group, Inabox, has appointed former Telstra executive, David Rampa, to its board as non-executive director. Rampa is currently Non-Executive Director of ASX 200 company, M2 Group Ltd, and Chair of M2’s Nomination and Remuneration Committee. read more

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Inabox posts FY profit of AUD 1.2 mln

Australian wholesale aggregator of telecommunications services Inabox Group posted a profit of AUD 1.2 million for the year ended 30 June. Inabox listed on the ASX in July this year and on the same day completed the acquisition of VoIP provider iVox, which produced a profit of around AUD 570,000. The combined entity reported pro forma profits of AUD 1.77 million. Combined revenues were AUD 45.06 million and EBITDA totalled AUD 3.13 million. read more

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Will Telstra kill Australia's MVNO market?

Opinion: Telstra brings Kogan Mobile down with ispONE. There was no more telling statement during last week’s legal trial between mobile virtual network operator (MVNO) ispONE and its supplier Telstra, than when ispONE’s counsel said: “The problem is that Telstra is charging ispONE substantially more than what ispONE is charging its customers.” ispONE this week succumbed to financial pressure and called in the administrators before it could have its final day in court with Telstra. It had alleged Telstra engaged in unconscionable conduct when it promised to match Optus pricing and then charged significantly more. read more

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Inabox Group's shares continue to rise

Inabox Group (ASX: IAB) is one of the best performing IPO's in the past year, with the telecommunications focused company trading at $1.61 intra-day today, which is a 34% premium to the $1.20 offer price. read more

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Former Smart50 finalist Inabox lists on the ASX

Former Smart50 finalist Inabox has finally listed on the Australian Securities Exchange this morning, after months of preparation. The milestone follows an announcement from telecommunications giant M2 earlier this month, which pledged $2 million for a minority stake in the company. Earlier this year, Inabox also changed its name from “Telcoinabox” and announced its intention to go public. read more

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Inabox set to list after M2 backing

WHOLESALE telco aggregator Inabox will list on the Australian Securities Exchange today after being forced to delay its sharemarket debut last month because of ongoing volatility as it battled to raise $3.5 million. read more

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Inabox Group is the newest ASX listed company, telecommunications focus

Inabox Group (ASX: IAB) is set to become Australia's newest public company after being Admitted to the ASX yesterday, and will hit the boards on Friday 12th July at 11:00am AEST. The telecommunications focused company will have around 13.9 million quoted securities, after raising $3.4 million in an IPO with the issue of 2.8 million shares at $1.20. read more

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"We understood the size and potential of the telecommunications industry from our experience. Telcoinabox appealed more than any other franchise. There was nothing else as cost-effective or lucrative."
- Andrew Branson at IF Telecom

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