(b) Transactions with other related parties
Transactions with substantial shareholders
Services
Vocus Communications Limited, which holds 3,358,511 (16%) of the ordinary shares of Macquarie Telecom, was paid $615,466
(2015: $443,358) for the provision of telecommunications services to the consolidated entity. At 30 June 2016, the amount payable
to Vocus Communications Limited was $66,701 (2015: nil).
All amounts paid were on normal commercial terms and conditions and at market rates.
VOC Price at posting:
$4.45 Sentiment: None Disclosure: Not Held