Thursday, 14 March 2019 09:30

Telco industry veteran Vaughan Bowen joins Uniti Wireless as executive director

Vaughan Bowen, Uniti Wireless Vaughan Bowen, Uniti Wireless

Australian-listed Internet service provider Uniti Wireless has appointed Vaughan Bowen, founder of telecommunications company M2 Group, as executive director.

A teleco industry veteran, Bowen will primarily focus on the strategic expansion of Uniti (ASX: UWL) as it pursues its expansion strategy and mergers and acquisition.

Bowen will also work closely with Uniti chief executive, Michael Simmons, on organic business expansion opportunities, including new products and markets.

“I’ve had the good fortune to be a part of growing a business in a similar manner previously, with valuable learnings of what to do and what not to do,” Bowen said.

“The M&A opportunities for UWL are plentiful and I look forward to helping to continue to build momentum on this front in the near term and beyond.

“I am pleased to be joining the Board of UWL and to have the opportunity to work with Michael, the board and team on taking advantage of the platform UWL has established, by getting stuck into a program of targeted, well executed M&A.

“I genuinely believe the potential exists for the company to materially grow earnings, free cash flow and income diversity, which in turn will be reflected in strong and growing shareholder returns and the elevation of UWL to a sizable, highly profitable company over the medium term.”

In 2012 Bowen founded, seeded and continues to serve as Chairman of the Telco Together Foundation, the Australian telco industry’s only united charitable entity, endorsed by the Federal Government’s Department of Communications.    

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