Southern Phone Company are pleased to announce that we have entered into an Asset Sale Agreement with Australian communications software specialist MNF Group (ASX: MNF) to purchase their fixed line residential broadband customer base. The transaction is expected to be completed by the end of March 2019.
We are very excited to be the service provider for these customers and look forward to providing them with the customer service experience that they expect and deserve.
Managing Director David Joss said, “We have invested heavily over the last 12 months in Network and systems development which is creating a great customer experience, these elements together create a solid foundation for us to enter agreements like this.”
“We very much welcome the MNF customers to the Southern Phone family.”
Southern Phone and MNF Group have been working closely together for over 18 months, jointly leveraging each other's extensive software capabilities through API integration for number porting and other voice capabilities. This transaction is another example of the close working relationship that has developed between our two companies.
Southern Phone is one of the largest independent providers of fixed line, mobile and internet communications services in regional Australia, and operates to maximise benefits to the community. Our vision was to deliver more affordable telecommunications services to regional communities and to share our success with those communities. Southern Phone Company Ltd is an unlisted public company and only Local Councils can be shareholders. This means all profits are returned to the community through the Local Councils.