IINET

iiNET (IIN)

Stock Code

IIN

Stock Exchange

ax

iiNet (IIN) is a leading telecommunications & internet services provider. Today the Company supports more than 700,000 dial up, broadband and telephony services. iiNet listed on the Australian Stock Exchange on 20th September, 1999. The Company employs circa 1300 staff, with its offices based in Perth, Sydney, Auckland and Cape Town.

iiNet $31.9m Profit 1H2013


Internet Service Provider, iiNet (ASX:IIN) have released its first half financial results for FY 2013 to its shareholders and investors.

  • iiNet Net Profit of $31.9 million, up 122 percent.
  • The higher revenues and profit margins comes after the company’s $132 million acquisition of South Australian Internode and Canberra based transACT.
  • iiNet revenue was $474 million, up 30 percent.

iiNet Buys TransACT for $60M


Internet service provider iiNet (IIN) confirmed today its acquisition of the Canberra-based telecommunications company TransACT for $60 million.

TransACT Chief Executive Officer Ivan Slavich said, "We're delighted to join iiNet. We see this as very positive news for our customers and we are looking forward to exploring the benefits that will most certainly flow as our two businesses join together."

iiNet Looks for Acquisitions


Perth based Internet Service Provider, iiNet (ASX:IIN) is looking for acquisitions as the company aims to obtain 15 percent of the Australian fixed broadband market.

iiNET Dividends

1 September, 2010 - 13:40

Learn the dividend history for IINET LIMITED. A dividend is a share of a company's profits that it pays to investors and shareholders. Not all companies pay dividends; companies may decide to retain earnings and reinvest them back into the company. You are eligible to receive IIN dividends if you own the IINET LIMITED shares on the ex-dividend date. Investors and traders must purchase the stock before the exdividend date to be entitled to the dividend.

iiNet Acquires Netspace


iiNet (IIN), an Australian internet service provider, has agreed to acquire a rival ISP for $40 million. The acquisition will be 100% debt funded. The condition of the purchase will include an expected completion by 30 April 2010 with existing owners to exit.

iiNet to Move Forward with Takeover Plan


One of the leading telecommunications and internet services provider of Australia iiNet (IIN), is planning to move forward with a plan to boost the customer base to million before the national broadband network is completed by the federal Government. iiNet suspended its shares before making an announcement early Thursday regarding its decision to buy its Victoria based competitor Netspace for as much as $75 million.

Worst Performing Stocks for 2005/06


Here are the worst performing stocks listed the Australian Stock Exchange (ASX) for the 2005-2006 financial year.

IINet (IIN) Resumes Trading – Biggest Loser on ASX


IINet (IIN) is the loser for week 22 of 2006 with a 52 per cent loss after coming out of a six week suspension of trading on the Australian Stock Exchange (ASX). IINet closes the week at 80 cents. The company had been suspended from trading on 18 April, citing the need to identify clerical errors in revenue recognition.

IINET (IIN) Share Price Recommendation


UBS has rated the stock as Reduce 2 as the analysts slashed their price target on the IINET (IIN) stock by 50c to 90c following the 2H06 result which was well below expectations. FY06 profit forecasts have fallen from $1.2m to a loss of $5.6m and FY07 from a profit of $1.7m to a loss of $9.4m. IINET Limited is listed on the Australian Stock Exchange (ASX) under stock code IIN. Check your charts!

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