5GN acquisition of the Inabox Group

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5GN acquisition of the Inabox Group

ASX: 5GN has today announced the acquisition of the Inabox Group (ASX: IAB) direct business for $6.5m, adding $43m of revenue to 5GN. With Caason Group being a top 10 shareholder in 5GN, Caason Group MD & CEO Craig Astill said: “We are very excited about the expected network roll out that will now be fast tracked. The synergies and cross sell opportunities are also very promising. 5GN is establishing itself as a formidable cloud, data and managed services provider for businesses in Australia. Congratulations to both 5GN and IAB on a great announcement.”

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