Amaysim Australia completed the acquisition of Jeenee Communications Pty Ltd

  • Dec 02, 2019 AEDT
  • Team Kalkine

Australian telecommunications provider, amaysim Australia Limited (ASX: AYS) has further added to its growing mobile subscriber base by completing the acquisition of a privately-owned mobile virtual network operator, Jeenee Communications Pty Ltd for a total value of $7.8 million.

The acquisition forms part of amaysim’s strategic pillar to grow its position in the mobile market both organically and through complementary bolt-on acquisitions.

The acquisition is expected to deliver solid earnings upside in FY21 (the first full year post acquisition) and beyond.


All pictures are copyright to their respective owner(s) does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.


There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK