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Amcom earnings

AUSTRALIAN optic fibre-based telecommunications carrier Amcom Telecommunications Limited has announced that half-year carrier revenues in the local loop were up about 43 per cent over the December 2000 half. Amcom achieved full year earnings before income tax and depreciation allowance of approximately $1 million on revenue of $8.2 million.

Amcom makes around 25 to 30 new connections each month in the local loop, resulting in annualised revenues from basic broadband provisions growing between $250,000 and $300,000 per annum.

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Source: Morningstar

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