A telco transformed

Investors in M2 Telecommunications should be very confident over its purchase of rival Primus, given management's track record.

PORTFOLIO POINT: The acquisition of Primus Telecom will undoubtedly be a transformational deal for Melbourne-based telco M2 Telecommunications.

Almost by definition, a 'transformational deal’ has the ability to make or break a company. As much as these deals are potentially value-accretive, they can also be highly value-destructive.

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