Comms Group LtdASX: CCG

OnPlatinum IT Managed Services division sold for $30 million

· Issued by Comms Group Ltd

Filed with ASX · · 4 pages · English

Summary by 6ix AI

The divestment aligns with the company's strategic focus on its core cloud communications and telecom services. Proceeds from the sale will be used to reduce net debt and potentially return capital to shareholders. The company plans to provide transitional services to ensure continuity for customers and employees during the transition.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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