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Displaying items by tag: EFTel

Telco M2 has announced a ‘process of consultation regarding a potential restructure’. That means jobs will go – possibly hundreds of them.

Published in Listed Tech
Tagged under

Ryan O'Hare - one of the pioneers of Australia's competitive telecommunications market - has become a major shareholder and a director of Eftel (ASX: EFT).

Published in Listed Tech
Monday, 25 June 2012 11:48

Eftel buys the 'other' Westnet

Eftel (ASX: EFT) is to acquire the assets of Western Australia based ISP West Australian Networks, which operates under the domain www.westnet.net.au: confusingly similar to that of iiNet's Westnet subsidiary.

Published in Listed Tech
Saturday, 07 April 2012 16:02

Eftel rights issue to raise $9.27m

ISP and telecom service provider Eftel (ASX: EFT) has launched a rights issue to raise $9.27m to pay off high interest rate debt and boost its working capital to enable it to invest in customer acquisitions.
Published in Listed Tech
Wednesday, 07 December 2011 11:49

ClubTelco launches new mobile broadband plans

ClubTelco - a division of ASX listed telco service provider Eftel - has launched a range of new mobile broadband plans saying the offer "a mix of super cheap and heavy usage options ."

Published in Mobility
Friday, 08 April 2011 20:23

ISPs Eftel and ClubTelco to merge

ASX listed ISP Eftel (ASX: EFT) is to merge with ISP ClubTelco in a move that will give ClubTelco shareholders 75.6 percent of the merged entity in a deal that values the combined entity at about $12.8m.

Published in Listed Tech
Tuesday, 01 September 2009 07:06

EFTel bullish on FY10 after heavy investment in FY09

ISP EFTel (ASX: EFT) is making bullish forecasts for FY10 saying its large loss in FY09 was the result of major writedowns and adjustments and heavy investment in DSLAM rollout that has positioned it well for future growth.

Published in Strategy
Tagged under
Tuesday, 30 June 2009 01:29

EFTel rights issue to raise $1.6m

Broadband ISP EFTel (ASX: EFT) has launched a rights issued to raise in excess of $1.6m. Existing shareholders will be offered one new share for ever two held, at 1.95 cents per share, a 45 percent discount on their 15 day volume weighted average price to 26 June.

Tuesday, 03 March 2009 03:18

EFTel goes into the red

ISP EFTel (ASX: EFT) has reported a half-year revenues increase of five percent to $19m, its highest ever, and a net loss after tax of $1.7m, compared to a net profit of $146k in the previous corresponding period.

Published in Strategy
Internet service provider EFTel Limited (ASX: EFT) has expanded its Wholesale Division - to be known as EFTel Wholesale in the wake of its recent acquisition of the Concept Group.
Published in Market
Monday, 17 November 2008 06:27

EFTel expands its network with Nextep DSLAMs

EFTel (ASX: EFT) has become the exclusive provider of services on DSLAM infrastructure of Nextep Broadband which it will use to increase the footprint of its own DSLAM network.

Published in Networking

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