Internet service provider iiNet has forecast underlying 2010 financial year earnings to increase by 19 per cent, but does not include a one-off $4 million legal cost for its film copyright case.
Australia's third largest internet service provider, iiNet, has posted a 28.8 per cent jump in full year profit after lifting subscriber numbers and says it is well placed for the current financial year.
iiNet is scheduled to head to the Federal Court in early October after a group of film companies alleged the internet service provider infringed copyright rules.
iiNet will lodge its defence in the Federal Court today over allegations the internet service provider authorised customers to download films in breach of copyright laws.
Perth-based internet service provider iiNet says it is looking to launch internet protocol television next year as it secures 200,000 customers to its ADSL+ national broadband network.
Perth-based iiNet Ltd has announced it will buy back up to five per cent of its issued capital in a bid to strengthen its share price to better reflect the value of the company.
The broadband question is an inevitable subject when a group of online entrepreneurs is brought together, though the issue did not raise temperatures as much as could be expected at the WA Business News forum.
The Western Australian business success story that everyone has been talking about in the past twelve months, Fortescue Metals Group, has topped the emerging brands list.
A largely hidden side of wealth creation is in the private sector, where successful entrepreneurs have built considerable businesses, in many cases with their families or over more than one generation.
EAST Perth-based internet and telecommunications provider iiNet has returned to its acquisition strategy after a two-year layover, buying fellow Western Australian player Westnet for an $81 million ca
East Perth-based internet and telecommunications provider iiNet has returned to its acquisition strategy after a more than two-year layover, acquiring fellow Western Australian player Westnet for an $81 million cash payment.
Internet services and telecommunications company iiNet Ltd has reported strong growth in profit for the half year to December 2007, driven by improved margins and lower costs.
Internet service provider iiNet Ltd announced today that it entered a 15 year international capacity agreement with Pipe International Pty Ltd as a foundation customer of the PPC-1, an undersea cable linking Australia to Guam's communications hub.
Perth-based internet company iiNet has revealed that it expects to post a 9 per cent increase in first half earnings following favourable stamp duty rulings on a number of acquisitions.
Perth-based internet service provider iiNet Ltd has launched a multi-line phone service using Voice over Internet Protocol, to futher develop its place in the business market, the company has announced.
Navigating a business through Western Australia's economic boom presents enormous challenges for business, according to several leading WA business executives.
Several Perth entrepreneurs are nervous about the impact a change of federal government next month could have on the Australian economy in three to five years' time.
Perth-based internet service provider iiNet has signed a deal with New Zealand-based Tomizone, giving its customers free Wi-Fi access to Tomizone Hotspots around the world, as well as allowing users to set up their own.
The Australian Competition and Consumer Commission has officially called on Telstra to reduce its line sharing service costs, Perth-based iiNet has announced, but the giant intends to challenge the ruling.
Chime Communications says Telstra will have to reduce the wholesale line rental for fixed line telephony that it charges the iiNet subsidiary following an Australian Competition and Consumer Commission interim determination.
Perth-based internet service provider iiNet Ltd has signed an agreement with Fairfax Media Ltd's online subsidiary and Singapore-based Anytime Ltd to act as the ISP partner for the company's video-on-demand service.
Perth-based internet service provider iiNet will provide broadband for 3G mobile phone operator 3 Mobile's X-Series service, which will enable customers to make calls using voice over internet protocols through Skype.
Perth-based internet service provider iiNet Ltd has successfully sold its New Zealand subsidiary ihug Ltd to Vodafone New Zealand for $36 million, an amount it claims was around $6 million above book value.
iiNet Ltd has announced a $60 million net loss for the 2005-06 financial year, down from the previous period's $10.4 million profit, in what was a difficult year for the company.
Perth-based internet service provider iiNet will raise approximately $2.6 million through the issue of shares to Sydney-based communcations services provider PowerTel Ltd to give it a stake of more than 13 per cent.
PERTH-BASED ISP iiNet Ltd has confirmed plans to sell its New Zealand business, ihug Ltd, confirming speculation first reported in WA Business News two months ago regarding the subsidiary, which could
Perth-based ISP iiNet Ltd today announced plans to sell its New Zealand business ihug Ltd, confirming two month's speculation regarding the subsidiary which could raise at least $30 million.
In what could be the first sign of recovery for a beleagured iiNet, the company has surpassed its 100,000 customer target for its ADSL2+ broadband infrastructure, set for June 2006.
Michael Malone has emerged from a month-long trading halt still in charge of Australia's third-ranked ISP. But in many ways it's a substantially changed business.
Western Australian internet service provider iiNet today announced the appointment of PowerTel managing director Paul Broad as a non-executive director of iiNet, with immediate effect.
Ending its five-week trading halt at the beginning of this week, iiNet shares plunged as expected to levels around 85 cents per share, the mark struck as a placement deal with white knight PowerTel Ltd.
