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OTW wins Deloitte and CRN awards

Over the Wire wins Deloitte and CRN awards In a gala event last night, Over the Wire was recognised on the CRN Fast50 list. Joining a host of other fast-moving IT firms being honoured at the gala dinner, Over the Wire placed 40th. Congratulations to all the companies on this list, and particular mention to RIoT Solutions for taking out the top spot.


Managing Director Michael Omeros said, "These awards are recognition of the hard work and dedication from our staff, as well as our customers who continue to support us over the years. As a company with one of the highest revenues on the list, I am very proud of our achievements as the challenge of qualifying for these awards based on percentage growth increases substantially."


This is the second award for Over the Wire in as many days, being recognised by Deloitte in their Tech Fast 50 list. These awards add to a busy month of November for the company, which also included the acquisition of VPN Solutions, re-branding as Mo-ver the Wire in support of the Movember Foundation, as well as also being recognised by the Australian Financial Review in their Fast 100 awards.


OTW #74 in Financial Review Fast 100 - 2017

Financial Review Fast 100 - Over the Wire ranked 74 The Australian Financial Review has released the Financial Review Fast 100 list for 2017, comprising of Australian businesses that have shown consistent, high growth over time. The rankings were calculated on a 3-year average of year-on-year growth percentage.

In the FY15 - FY17 period Over the Wire achieved an average year-on-year growth of 37.1%, which placed us at Rank 74 on the Fast 100 list. We’re very pleased with this outcome, and could not have achieved it without the amazing commitment from our team and the fantastic ongoing support from our clients - thank you!

Topping the list this year, with a staggering 464.8% average year-on-year growth over the 3-year period, is TripADeal. Congratulations to founders Norm Black and Richard Johnston, along with all of the other Fast 100 companies.


VPN Solutions joins the Over the Wire family

VPN Solutions - An Over the Wire Company The completion of the acquisition of VPN Solutions Pty Ltd by Over the Wire Holdings Limited (ASX:OTW) has taken place today, on 1 November 2017. Commenting on the acquisition, Managing Director Michael Omeros said,

“The acquisition of VPN Solutions is a great outcome for the Over the Wire group. It expedites our existing geographic expansion progress into New South Wales, as well as creating a presence in South Australia. Our selective quality acquisitions and strong organic growth ensure that we continue to execute on our strategy for growth, and we look forward to a positive 2018.”

We're excited to welcome them into the team, and look forward to an exciting future together.


About VPN Solutions

VPN Solutions is a telecommunications company that delivers business grade solutions to the Australian SME and Enterprise markets. Employing 21 staff and headquartered in New South Wales, VPN Solutions delivers managed networks to approximately 150 business customers. VPN Solutions prides itself on being able to successfully deliver complex solutions with a strong focus on customer service. For more information visit www.vpnsolutions.com.au.

Over the Wire to acquire VPN Solutions

Over the Wire Holdings Limited (OTW) (ASX:OTW) is pleased to announce that it has entered into a binding agreement to acquire all of the shares in VPN Solutions Pty Ltd (VPN). Completion of the acquisition is expected to take place on 1 November 2017 (Completion) and is subject to a limited number of customary conditions precedent.

Established in 2002, VPN is based in New South Wales and delivers business grade telecommunications solutions to the Australian SME and Corporate markets. VPN has approximately 150 business customers, has experienced high levels of customer retention and specialises in delivering complex managed network solutions. VPN will accelerate Over the Wire’s geographic expansion in New South Wales and South Australia.

Managing Director Michael Omeros said, “We are very excited to be able to welcome VPN Solutions to the Over the Wire group. VPN Solutions is a high quality provider of managed networks with an impressive list of long term clients. VPN Solutions expedites our geographic expansion plans into New South Wales and South Australia and complements our expansion into Victoria following the acquisition of Telarus earlier this year.”


About VPN Solutions

VPN Solutions is a privately held telecommunications company that delivers business grade solutions to the Australian SME and Enterprise markets. Employing 21 staff and headquartered in New South Wales, VPN Solutions delivers managed networks to approximately 150 business customers. VPN Solutions prides itself on being able to successfully deliver complex solutions with a strong focus on customer service. For more information visit www.vpnsolutions.com.au.

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

My Shareholding

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