iTnews

Vocus splits enterprise and wholesale units

By Allie Coyne on Jan 15, 2018 9:15AM
Vocus splits enterprise and wholesale units

For stronger focus on Nextgen, ASC opportunities.

Vocus has separated its enterprise and wholesale division into two units in an effort to reap more from its Australian wholesale business as well as its nascent international operations.

The telco today revealed a new divisional operating structure containing four individual units: enterprise and government, wholesale and international, consumer, and its New Zealand business.

Vocus said the new structure would allow for "sufficient senior executive focus on the opportunities in each segment".

CEO Geoff Horth said the 2016 acquisition of Nextgen Networks in particular held big potential for the company.

The purchase has "opened up new markets and presented significant growth opportunities to the group across all business segments and channels", he said.

"The opportunities available in Vocus' domestic wholesale business, combined with our investment in the Australia Singapore Cable, warrants the creation of a dedicated wholesale and international division and will ensure that we have the focus, products and service proposition to be the provider of choice to customers in this important market".

The Vocus-owned ASC is due to be operational in mid-2018. The US$170 million cable will span 4600km, and will join the troubled SEA-ME-WE3 and similarly in-train Indigo cable on that route.

The divisional restructure announced today forms part of Vocus' ongoing "accelerated" transformation of its operations, intended to address a sprawling technology environment that resulted from a slew of acquisitions.

Vocus has struggled to integrate Nextgen Networks, Amcom, and M2 into the wider group, which contributed to a $100 million profit downgrade last May. The admission crashed its share price at the time.

The company today revealed the appointment of executives to each new business unit.

Vocus' existing enterprise and wholesale chief Michael Simmons will take over the wholesale and international unit.

Head of consumer Scott Carter will move into the enterprise and government division, with Sandra de Castro - formerly head of sales and marketing for AGL - taking over leadership of the consumer business.

Got a news tip for our journalists? Share it with us anonymously here.
Copyright © iTnews.com.au . All rights reserved.
Tags:
enterprise telco telco/isp vocus wholesale

Partner Content

Beat the DDoS blackmails in 2021
Partner Content Beat the DDoS blackmails in 2021
Why companies fail at picking cloud modernisation partners
Partner Content Why companies fail at picking cloud modernisation partners
Shut the door on ransomware
Partner Content Shut the door on ransomware
MSI shows first laptops with Wi-Fi 6E, Nvidia RTX 30 graphics
Partner Content MSI shows first laptops with Wi-Fi 6E, Nvidia RTX 30 graphics

Sponsored Whitepapers

Five questions to ask before you upgrade to a SIEM solution
Five questions to ask before you upgrade to a SIEM solution
Effectively addressing advanced threats
Effectively addressing advanced threats
The risky business of open source
The risky business of open source
Ensure your e-signatures are legally binding
Ensure your e-signatures are legally binding
Mitigating open source risk in your organisation
Mitigating open source risk in your organisation

Events

  • On-Demand Webinar: How Poly and Microsoft are Embracing Future Work Environments
  • Beat the DDoS blackmailers in 2021
By Allie Coyne
Jan 15 2018
9:15AM
0 Comments

Related Articles

  • Vocus wants NBN Co's enterprise "direct sales" team shut down
  • NBN enterprise cross-subsidy probe set for 'early 2021'
  • Optus offers $250m for Amaysim's mobile business
  • Vocus backs LEO satellites to bridge regional broadband divide
Share on Twitter Share on Facebook Share on LinkedIn Share on Whatsapp Email A Friend

Most Read Articles

Telstra blasts plan to 'set aside' mobile spectrum for Optus and TPG, but not it

Telstra blasts plan to 'set aside' mobile spectrum for Optus and TPG, but not it

Trump pardons former Google self-driving car engineer

Trump pardons former Google self-driving car engineer

Australia Post is building a digital twin of its delivery network

Australia Post is building a digital twin of its delivery network

Defence switches on initial SAP ERP system capability

Defence switches on initial SAP ERP system capability

You must be a registered member of iTnews to post a comment.
Log In | Register
All rights reserved. This material may not be published, broadcast, rewritten or redistributed in any form without prior authorisation.
Your use of this website constitutes acceptance of nextmedia's Privacy Policy and Terms & Conditions.