More Telecom Acquires Powercom Pacific
More Telecom today announced its acquisition of national internet and phone provider, Powercom Pacific, substantially increasing the company's SME customer base.
More Telecom is one of Australia's most successful and longest-running NBN providers with a sister retail business, Tangerine Telecom.
Powercom Pacific owns several brands including Powercom, Montimedia and QTelecom and all customers will be migrating to More Telecom.
All Powercor Pacific staff will be moving with the business and maintain ongoing employment with More.
More Telecom General Manager, Andrew Branson, said the acquisition strengthens the More business which is expanding in both customer numbers and product offers.
The More business consistently seeks exciting expansion opportunities and with Powercom, we identified a business with complimentary cultural and business models.
The Powercom customer base consists of long term, loyal, small business owners who want excellent service and we are confident we can deliver on this front," said Branson.
More Telecom has also expanded its SME reach via the launch of other businesses such as More Payments and More Bookkeeping.
More Telecom has also invested in building a strong business offering a full white label solution to other telcos and IT firms and has become Australia's top white label NBN provider.
The More Telecom and Tangerine Telecom business model works on a B2B / B2C business model delvier more efficiency and faster speeds due to the balanced bandwidth loading between the business peak hours during the day and the consumer peak hours during the evening.