In Focus Today Amcom; A Telco Bursting Through The Cloud
With businesses increasingly having to adapt to changes in technology in particular demand for high speed, high capacity fibre services the Calibre Report believes there is an attractive investment opportunity in a leading telecom company called Amcom Telecommunications Limited (AMM).
Because of its low cap hardly any broker covers it. Yet it is in a great space which offers excellent growth opportunities. It has concentrated on the government and corporate markets for high speed fibre capacity in Perth firstly with over 1599 km of buildings linked and subsequently Adelaide with 240 km and now NT with 180 km.
AMM owns 23% of Iinet (IIN) which is now Australia?s number 2 DSL supplier into the residential market. Iinet has very successfully been soaking up the smaller ISPs and has grown its stock from $0.56 to $2.60 over the course of the last 5 years.
