Macquarie Telecom started out positioning itself as a telecommunications rival to Telstra, particularly for government and medium sized businesses. Having grown into a diversified technology and communications business we believe Macquarie Telecom is both a defensive and exciting growth stock irrespective of how COVID-19 plays out. In this week’s video insight I discuss why it’s a core holding in the Montgomery Small Companies Fund and the opportunities for growth. | Roger Montgomery
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With guidance for profitability for the 2020 year re-affirmed at between $63-$66 million EBITDA, Macquarie Telecom (ASX:MAQ) has a strong track record of consistent profit growth having successfully expanded from a telco, to a supplier of critical technology and datacentre capability to Australian business and Government. Gary Rollo recently spoke with CEO, David Tudehope to discuss the investments the company’s making to extend its growth horizon. | Roger Montgomery
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