Telco Australia (research discontinued)

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Last updated: 13 Aug 2002 Update History

Report Status: Archived

Report Pages: 6

Analyst: Paul Budde

Synopsis

By late 1998 the company indicated it was servicing 10% of all AAPT’s fixed line customers. TLO took over the lease and management of this network in January 2000. In December 1998, the company was listed on ASX, raising $3 million for a 23% share. The 1999/2000 revenue of $159 million, dwarfing forecasts made in the prospectus for the same period of $7.5 million.

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