Newsnet

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Last updated: 23 Aug 2001 Update History

Report Status: Archived

Report Pages: 2

Analyst: Paul Budde

Synopsis

Newsnet is an international managed fax service provider and media broadcast wholesale organisation. Newsnet delivers managed and live fax services to most international destinations. Telstra has a market share of 80% in the total fax market estimated at $1.25 billion. In June 1999 a group of private investors formed a new company Penova Holdings and bought the company, renaming it Newsnet.

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