.. they did say though that they expect to breakeven at 70,000...

.. they did say though that they expect to breakeven at 70,000 customers. They are making no such claims no though as they approach 55K. It's hard to see when they will break even, especially as their churn rate is very high at 3%. Also their ARPU is decreasing due to increased competition.
They also appear to have slowed growth in Sydney, while having infrastucture issues in Melb.

All that negative aside though, they have a monopoly on the wimax spectrum in aust.... but will that be enough? I'm not so sure at the moment. Management needs to do more wholesale deals and get companies bundling Unwired with new computers.