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USA EditionYou are located: Home > All News > Networking News > iiNet reports solid growth with increased revenues, EBITDA and profit

iiNet reports solid growth with increased revenues, EBITDA and profit

By: (more) | Networking News | Posted: Aug 16, 2010 10:22 am

iiNet appears to be moving full steam ahead with its annual report for the year to June 30, 2010 showing a very healthy rise in revenues, EBITDA and NPAT.

 

The major ISP's revenue took a 13% rise to $473.8m and its subscriber services rose by a whopping 27%, almost hitting the 1 Million mark at 960,000. Naked DSL looks to be notably popular with subscriber numbers growing a whopping 59% to 106,400.

 

 

Aquiring Westnet and more recently Netspace looks to have paid off, too, with the company's total broadband customers sustaining 539,000 to the years end, a rise of 28% since the aquisition. If you didn't catch it in recent news, iiNet is also in the process of aquiring AAPT's consumer division which should be completed in September this year.

 


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