TeleMasters shares fall despite bet on a new business model
The company is moving away from the traditional variable billing service to subscription-based services
Listed technology firm TeleMasters said on Tuesday earnings and cash flow for the six months to December 2019 had increased, driven by cost saving measures and building an annuity-based business model.
The company operates in the telecom sector and specialises in custom telecom solutions for businesses. The primary segments is serves are voice service providers, cloud PBX service providers and internet service providers...
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