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Amaysim Australia Completes Acquisition of Jeenee Communications

02 Dec 2019  |  08:23:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Acquisition of Jeenee Mobile

Amaysim Australia advised that it has completed the acquisition of mobile virtual network operator Jeenee Communications, for a total consideration of $7.8m. The acquisition forms part of Company's strategic pillar to grow its position in the mobile market both organically and through complementary bolt-on acquisitions. The acquisition is expected to deliver positive earnings upside in FY 2021 and beyond.

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