Synopsis
Amcom is a second-tier telecommunications carrier providing fibre, DSL broadband, data centre and Internet services to the corporate, wholesale, government and SME markets. Amcom is one of the best placed telcos in the Australian market with excellent prospects for future growth and remains a well managed and focused business. Based in Western Australia, Amcom has constructed over 1,600km of high-speed fibre optic networks in Perth, Darwin and Adelaide, accessing over 1175 buildings. The network provides access to around 80% of business premises in the three cities. Amcom has completed a DSLAM network rollout of 37 exchanges in Perth and Adelaide that capitalises on its existing fibre network. It has acquired a 22.5% stake in iiNet. Amcom claims that its recent revenue growth is a product of its fibre investments, driven by the recent resource boom. Earnings growth is expected to continue in 2010 on the back of buoyant market conditions.