Reflects Company's refreshed strategy to build a world-class software company
MNF Group Limited to be renamed Symbio Holdings Limited
Sydney, Nov 10, 2021 AEST (ABN Newswire) - Shareholders of MNF Group Limited (
ASX:MNF) (M2S:FRA) yesterday approved a change of the Company's name to Symbio Holdings Limited ("Symbio"), reflecting its refreshed strategy to build a world-class software company.
The name change, which was approved at yesterday's Annual General Meeting, will come into effect by the end of November and the ASX code will change to SYM.
Commenting on the name change CEO Mr Rene Sugo said: "We are excited to move forward as Symbio, which is an established global brand within the industry and increasingly recognised as a leader in software enabled communications. Our clear path for global expansion, significant momentum in our Singapore operations, and our unified Symbio brand, positively positions us to execute our strategy and growth objectives for 2022 and beyond."
The change of Company name to Symbio will avoid confusion from the market and customers, given the Company no longer operates the MyNetFone business.
About Symbio Holdings Limited
Symbio Holdings Limited (ASX:SYM) is a software company changing the way the world communicates.
Symbio's technology replaces old-fashioned telecom networks with software, making it faster and easier to deliver modern cloud-based communication services, unlocking endless new applications for calling, messaging and phone numbers.
Symbio is the backbone for the global cloud communication industry. Over 500 service providers - from telecom start-ups to the world's biggest software companies - rely on Symbio for the connectivity, quality and expertise they need to solve complex communication challenges.
Headquartered in Sydney, Symbio powers billions of calls and messages each year, owns networks in three countries and employs over 450 staff worldwide.
For more information about Symbio visit www.symbio.global
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