The sale marks the starting signal for the accelerated expansion of QSC's Cloud and IoT business.
The complete sale of Plusnet is therefore an important step for QSC as a digitizer for small and mid-size enterprises. This is because the proceeds from the sale will now enable the Company to more swiftly expand its high-growth lines of business.
Thus, the reduction of total debt will increase the company's independence in strategic decision-making. At the same time, the ongoing operating business, particularly in the cloud and IoT areas, will be strengthened through the use of additional funds and a clear focus.
This includes, for example, a more aggressive market and sales approach and intensified research and development activities. At the same time, acquisitions to specifically supplement the technology portfolio will also be possible.
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