queensland aquisiton, page-15

half yearly report knocking in the door I can smell the hal yearly report knocking the door.....

Intersting article below on ITWIRE - IT and TELCO News
about the TSA aquisition....


http://www.itwire.com.au/content/view/3426/127/

Tele-IP acquires TSA Communication Solutions

Written by Stuart Corner
Sunday, 26 February 2006
Tele-IP has entered into a heads of agreement to acquire the business of Queensland based TSA Communication Solutions Pty Ltd, the largest NEC Channel Partner in Queensland, for $3.5 million in cash and shares.


TSA was established in 1993, has turnover of approximately $5.62 million, a staff of 26 and more than 1500 customers. According to Tele-IP services the same market segments that Tele-IP serves in Victoria and "will provide excellent synergies in terms of national customer servicing and resource utilisation...The acquisition of the TSA Communication Solutions business complements Tele-IP's existing voice and data IP network services business and its satellite communications division (Beam), to develop a totally integrated operation."

TSA currently services its national and local clients from its Brisbane base and in January 2006 started operations on the Gold Coast. Tele-IP says its expects to have a full South East Queensland presence through expansion of operations to the Sunshine Coast within 12 months.

The acquisition does not include TSA Software Solutions which will continue unchanged as a separate entity, but will "maintain its strong relationship in partnering with Tele-IP in all hardware and services business in the future."

The CEO of TSA Communication Solutions, David Asnicar, will join Tele IP as state manager for Queensland, and installation and service manager, Grant Parker will also join Tele IP as technical services manager, Queensland.



Related Items:
Tele-IP wins Melbourne Business School deal
Tele-IP wins Vic Govt high rise security order
Tele-IP's Beam cracks global Iridium terminal market
Telstra tests remote satellite phones

http://www.itwire.com.au/content/view/3426/127/