Swiftel installed a great fibre network into Perth up and down St Georges Terrace, i don't believe AMCOM have the coverage there that Swiftel (now PEO) have.
It would be a good investment for them, and limit the number of plays in that market.
Plus PEO need the cash! Their reserves were down from 4.8m to 2.4m over the half year, if this trend continues they will be out of cash by June 2007.
The value of receiveables is also precariously high! $14.4m on revenue of $54m alot!
PEO
people telecom limited
Swiftel installed a great fibre network into Perth up and down...
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