MyNetFone, Fastest Growing Australian VoIP Provider.

MyNetFone as number one VoIP provider, BRW Top 100 List. http://snapvoip.blogspot.com/

“We are delighted to be featured in the BRW Fast 100 list for our significant and consistent growth, MyNetFone has performed very well with strong organic growth and strategic acquisitions. To see the business go from strength to strength and be recognized by this leading business accolade is fantastic” said Rene Sugo, CEO of MyNetFone.


Press Release - PRNewswire

MyNetFone (ASX: MNF), Australia’s leading provider of hosted voice and data communications services, is now also Australia’s fastest growing ASX-listed Telco, according to the results of Business Review Weekly's (BRW) Fast 100 list for 2014.

In the recently announced BRW Fast 100 list, MyNetFone was ranked above its ASX-listed peers in the Telco industry and was positioned 43rd of all nominated fast growing companies in Australia, based on turnover.

The company achieved a record profit result for the full year ending 30 June 2014. Earnings before interest, tax, depreciation and amortisation (EBITDA) rose to $9.0 million, with net profit after tax (NPAT) rising to $5.8 million, representing increases of 48% and 40% respectively when compared with the company’s performance during the previous financial year.

“We are delighted to be featured in the BRW Fast 100 list for our significant and consistent growth,” said Rene Sugo, CEO of MyNetFone. “MyNetFone has performed very well with strong organic growth and strategic acquisitions. To see the business go from strength to strength and be recognised by this leading business accolade is fantastic”.

MyNetFone celebrated the significant milestone of 10 years in business earlier in 2014. One of the early VoIP pioneers, it now owns and operates Australia’s largest VoIP network, providing hosted voice and data communications services for residential, business and government. In recent years, MyNetFone has focused on a strategy of organic growth supplemented by profitable acquisitions. Its 2014 performance includes full-year contributions from its acquisitions including GoTalk Wholesale, Connexus and CallStream, purchases that were completed at the end of December 2012.

“MyNetFone had previously been recognised for its strong performance as a start-up by BRW, being named as a Fast Starter for three consecutive years from 2008, so it is very fitting that we have now graduated to BRW’s Fast 100 list,” Sugo continued.

The BRW Fast 100 list is ranked according to the average growth rate for revenue over four years, for Australia’s fastest growing companies of up to 200 employees. MyNetFone also gained international recognition this year for its consistently good performance by attaining a place in Forbes Asia’s Best Under A Billion list.

About MyNetFone Limited

MyNetFone Limited, (ASX:MNF) is Australia’s leading provider of hosted voice and data communications services for residential, business and enterprise users. MyNetFone was first founded in 2004, was listed on the ASX in mid 2006, has operated profitably since 2009 and has paid dividends to its shareholders every six months since September 2010.

The company has a reputation for quality, value and innovation, having won numerous awards including the Forbes Asia’s 200 Best Under a Billion (2014), Deloitte Technology Fast 50 (2008, 2009, 2010, 2012 and 2013), PC User Product of the Year (2005), Money Magazine Product of the Year (2007) and many others.

MyNetFone’s wholly owned subsidiary, Symbio, owns and operates Australia’s largest VoIP network, providing wholesale carrier services to the Australian industry, including number porting, cloud-based hosted PBX services, call termination, call origination and many other infrastructure enabled services. The Symbio network carries 3.2 Billion minutes of voice per annum.