Founder acquires Telstra's majority stake in PhoneWords

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Founder acquires Telstra's majority stake in PhoneWords
Gavin Scholes

Will revert to original name, 1300 Australia.

The founder of Telstra PhoneWords has led a consortium to acquire Telstra's 85 percent stake in the company, which sells personalised 1300 numbers. Founder and chief executive Gavin Scholes and investors led by Aura Funds Management purchased the majority share for an undisclosed amount. Te...

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