Amaysim

Amaysim (branded as amaysim) is an Australian provider of mobile and energy plans.

Amaysim Australia Ltd
Public Company
Traded asASX: AYS
Industryutility services; telco, energy
FoundedNovember 2010
FounderPeter O'Connell, Rolf Hansen, Christian Magel, Thomas Enge, Andreas Perreiter
Headquarters,
Area served
Australia
Key people
Peter O'Connell (CEO)
ProductsMobile phone plans, electricity, gas and solar
Revenue A$ 212.6 Million
A$ 59.5 Million
Number of employees
130
Websitewww.amaysim.com.au

amaysim was founded as an Australian telecommunications provider by Peter O'Connell, Rolf Hansen, Christian Magel, Thomas Enge and Andreas Perreiter in November 2010.[1]

As of 31 December 2017 amaysim group had just under 1.13 million mobile subscribers and 13,000 broadband subscribers.[2]

Mobile

amaysim operates as a Mobile Virtual Network Operator on the Optus 4G network,[3] and specialises in offering a range of SIM-only mobile plans.

In January 2016, amaysim acquired Vaya, another Australian mobile virtual network operator for AUD$70 million.[4]

In June 2020, Amaysim acquired OVO, a mobile virtual network operator for $15.8 million. [5].

Energy

In early 2017, the amaysim group acquired the online energy retailer Click Energy in a move to extend its range of services to Australian households.[6]

ASX Listing

amaysim became a publicly listed company following an IPO/share offer[7] and launched on the ASX under code AYS in July 2015.[8]

References

  1. "amaysim Company Backgrounder" (PDF). amaysim Australia Ltd. Retrieved 1 October 2015.
  2. Barbaschow, Asha (26 February 2018). "Subscribers up but profit down for Amaysim in 2018 first half". ZDNet. Retrieved 27 May 2020.
  3. "amaysim SIM card - Coverage". amaysim Australia. Retrieved 1 October 2015.
  4. Reichert, Corinne (3 January 2016). "Amaysim acquires Vaya for AU$20m, inherits AU$50m Optus debt | ZDNet". ZDNet. zdnet. Retrieved 19 July 2016.
  5. "Amaysim buys OVO Mobile for up to $15.8m | ITNews". ITNews. ITNews. 3 June 2020. Retrieved 6 June 2020.
  6. Palmer, Andrew (10 April 2017). "Mobile operator Amaysim buys Click Energy". The Australian. Retrieved 10 April 2017.
  7. "amaysim Prospectus - (amaysim Offer)". www.amaysimsharesoffer.com.au. Retrieved 1 October 2015.
  8. "Mobile reseller Amaysim's ASX debut opens little changed". Retrieved 1 October 2015.
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