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Telarus joins the Over the Wire family

Telarus to be acquired by Over the WireWe are pleased to announce that acquisition of Telarus Pty Ltd has been completed for a total consideration of $7.615m, effective 16 January 2017.

Commenting on the acquisition, Managing Director Michael Omeros said, "The acquisition of Telarus is very exciting for the Over the Wire group. It expedites our existing geographic expansion progress into Victoria and allows us to introduce some complimentary new offerings. We look forward to a positive 2017 as we continue to execute our strategy for growth."

In addition to the regional expansion and synergies expected on integration, Telarus has a high quality team that will integrate well with the Over the Wire culture, and we’re excited to be working alongside them.

About Telarus

Telarus delivers business grade solutions to the Australian and New Zealand SME and Enterprise markets. Employing 25 staff in Melbourne and servicing over 300 business customers, Telarus delivers managed network, managed security and private cloud solutions. Telarus has a strong customer service focus with clients such as Cue Clothing Group, Zagame Automotive Group, Foodworks, and Swatch Group. For more information visit www.telarus.com.au.

Additional information on the agreement can be found in Over the Wire's announcement to the ASX.

Telarus to be acquired

Telarus to be acquired by Over the WireOver the Wire Holdings Limited (ASX:OTW) is pleased to announce that it has entered into a binding agreement to acquire all of the shares in Telarus Pty Ltd. Completion of the acquisition is expected to take place on 16 January 2017 and is subject to a limited number of customary conditions precedent.

Established in 2002, Telarus delivers business grade telecommunications solutions to Australian and New Zealand SME and Enterprise customers. Telarus has experienced high levels of customer retention and is headquartered in the Melbourne CBD.

With FY16 revenue of $11.6m, FY16 EBITDA of $1.5m, 25 employees and more than 300 business customers, Telarus will accelerate Over the Wire’s geographic expansion into Victoria.

Additional information on Telarus and the agreement can be found in Over the Wire's announcement to the ASX.

Annual Reports

OTW to acquire SpiderBox

Over the Wire Holdings Limited (ASX:OTW) is pleased to announce that it has entered into a conditional business sale agreement to acquire the assets of Access Wireless and Cable Pty Ltd (Spiderbox). Primary assets include the fibre network at Brisbane Technology Park and its clients. Spiderbox’s staff will also transition to Over the Wire.

The agreement is subject to several conditions and if these conditions are met the acquisition will complete on 31 March 2016.

More details are available on the Investors page.

OTW listed on the ASX

With the ringing of a bell, Over the Wire Holdings Ltd today listed on the Australian Stock Exchange, with the ticker ‘OTW’. The company is proud of its achievements to this point, and is excited for the opportunities that the next chapter, as a publically listed company, will include.

Over the Wire Holdings Ltd is the holding company for all Over the Wire brands, including Over the Wire, NetSIP, FaktorTel, and Sanity Technology.

Information for investors can be found here.

OTW listed on the ASX

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Corporate Governance

Investor Fact Sheet

Company Name:
Over the Wire Holdings Limited
Head Office:
Level 21, 71 Eagle Street

Over the Wire Prospectus

Notice to prospective investors

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