AYS
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Company News
Amaysim expands customer base following OVO Mobile acquisition
After quelling media speculation regarding potential interest in its energy business, Australia’s fourth-largest mobile service provider Amaysim (ASX: AYS) announced the acquisition of around 77,000 mobile subscribers from OVO Mobile for $15.8 million. To fund the deal, Amaysim obtained commitments from its banking syndicate to increase its debt facility by up to $6 million and […]
Amaysim acquires mobile virtual network operator Jeenee Communications after restructure phase
Australia’s fourth-largest mobile service provider Amaysim (ASX: AYS) has continued its turnaround since closing its mobile device store last year and selling its broadband business, by acquiring mobile virtual network operator Jeenee Communications for around $7.8 million. The company declared that the deal affirms its position as Australia’s leading mobile virtual network operator and will […]
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