Local internet and telecommunications provider Eftel is in the middle of a structural overhaul to breathe life into its struggling operations.
The company, which had a net loss of $1.5 million for the 2009-10 financial year, said the restructuring was in reaction to increased competition in the sector over the past year.
Chief executive John Lane said the restructure included the completed refinancing of the company's $1.74 million equipment facility, as well as streamlining the management team, reviewing supplier arrangement and a "radical" simplification of the company's existing product offerings.
"The simplification of our business is not only aimed at lowering the company's cost
base - it is also delivering for customers," Mr Lane said.
"A key outcome of the process, for example, will be that over 90% of Eftel's ADSL customer base will be enjoying genuinely unlimited plans."
Through ownership and partnership Eftel operates the BroadbandNext network, one of Australia's largest broadband networks.
