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Sydney Morning Herald

Tuesday September 1, 2009

Julia Talevski

TELECOMMUNICATIONS goods distributor Cellnet has recorded a $15.8 million net loss for the financial year ending June 30. The company pinned $9.6 million in losses to its decision to abandon the IT distribution space.In June, the company sold its IBM distribution business to Avnet Technology Solutions. Despite the net loss, Cellnet stated it was debt-free and had $20 million in cash."The result is a reflection of the problems the company has faced in the past and the work done to exit the loss-making parts of the company has been necessary in order for the company to be in a position to focus on future profitable opportunities," Cellnet's financial report said.Samsung supportsSAMSUNG has invested more than $3 million to establish seven customer service plazas. Each centre will cater for repairs, warranty claims, tracking and customer complaints.Customer support facilities are now operating in Melbourne and Darwin. Customer service plazas will open in Perth and Brisbane this year and two plazas in Sydney and one in Adelaide will be ready by 2010.3G coverage improvesVodafone's 3G network coverage now includes areas such as Kununurra in Western Australia, Port Douglas in Queensland and Devonport in Tasmania.The telco says its coverage now reaches 94 per cent of the Australian population. Vodafone customers in regional areas can access 3G services such as the internet via their mobile.JT

© 2009 Sydney Morning Herald

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