iiNet Limited

Synopsis

iiNet Limited was established in 1993 and has grown from a small Perth business into the second-largest DSL Provider in Australia in late 2010. iiNet has its own high-speed ADSL2+ network covering millions of households across Australia, and also has the largest VoIP network in the country.

The company delivers communications services across Australia that include:

• Voice and internet services;
• High-speed broadband data;
• Business
• Wireless broadband;
• Naked DSL, VoIP;
• Fibre-to-the-Home.

The company provides innovative services to its residential customers including FetchTV (IPTV), BoB – a wireless modem, phone and USB charging station – while business customers are able to use multiline VoIP, hosting, SHDSL and hardware options. iiNet has been buying up smaller ISPs over the last few years as it prepares to become one of the first retail service providers in the NBN Co trials in Armidale in 2011. The acquisition path has continued into late 2011 as the company acquired ACT based telco TransAct and ISP Internode in a deal providing the company with a large subscriber database.

In this report we provide an overview of the company including analysis by BuddeComm with facts and figures on the company operations in text, tabular and easy-to-read chart formats.

Companies mentioned

Companies mentioned in this report include – Amcom, Netspace, Westnet, iHug, Internode, AAPT, FetchTV, Polycom, TransACT, iiNet, Supernerd, Telstra.

Hot topics and technologies mentioned

Hot topic and technology mentions in this report include – Fibre-to-the-Home (FttH), ARPU, churn, IPTV, VoIP, NBN, revenue, Cloud-based operations, VoIP.

Table of Contents

• 1. Synopsis
• 2. Company information
  • 2.1 Overview
  • 2.2 Acquisition on TransACT and Internode – late 2011
  • 2.3 Assisting seniors with technology using the BoBsquad
• 3. Financial results
  • 3.1 Year 2011
  • 3.2 Year 2010
  • 3.3 Year 2009
• 4. Operating results
  • 4.1 Subscriber statistics
• 5. Company analysis
  • 5.1 iinNet swallows Internode
  • 5.2 Will organic growth be enough to survive – mid-2011
• 6. Network
  • 6.1 Overview
  • 6.2 DSLAM rollout
  • 6.3 Dark fibre
  • 6.4 Fibre-to-the-Home (FttH)
  • 6.5 iiNet’s plans for network expansion
• 7. Acquisitions and alliances
  • 7.1 Partnership with Polycom
  • 7.2 Acquisition of ISP Westnet
  • 7.3 Alliance with FOX Sports
  • 7.4 Alliance with Hypernia
  • 7.5 Alliance with Hybrid Television Services
  • 7.6 Alliance with Hutchison
  • 7.7 Amcom and PowerTel acquire stake in iiNet
  • 7.8 Partnership with FetchTV
  • 7.9 Acquisition of AAPT Consumer Division
  • 7.10 Acquisition of Supernerd
  • 7.11 Acquisition of TransACT
  • 7.12 Acquisition of Internode
• 8. Products and services
  • 8.1 Home and SOHO
  • 8.2 Business
  • 8.3 Reselling agreements
• 9. Company history
  • 9.1 Brief timeline 1993 - 2011
• 10. Related reports

• Table 1 – iiNet total revenue – 2004 - 2011
• Table 2 – iiNet financial statistics – 2007 - 2012
• Table 3 – iiNet ARPU by type – 2008 - 2011
• Table 4 – iiNet total revenue (historic) – 1997 - 2003
• Table 5 – iiNet active subscribers – 1997 - 2011
• Table 6 – iiNet subscribers by type – 2007 - 2011
• Table 7 – iiNet DSLAM exchanges – 2009; 2011
• Table 8 – iiNet’s acquisitions

• Chart 1 – iiNet revenue and annual change – 2004 - 2012
• Chart 2 – iiNet key financial statistics – 2004 - 2012
• Chart 3 – Long term share trending iiNet – 2003 - 2011
• Chart 4 – Share price trending iiNet – 2010 - 2011
• Chart 5 – iiNet monthly ARPU by service - 2009 - 2011
• Chart 6 – – iiNet subscribers by type – 2007 - 2011

• Exhibit 1 – iiNet Limited (iiNet) at a glance