Feeds

Affinity expands Down Under

Triffick

  • alert
  • submit to reddit

Top 5 reasons to deploy VMware with Tegile

The UK's Affinity Internet Holdings plc is to acquire Australian ISP Phoneware Online Pty Limited, in a paper deal worth around A$600,000 (£221,000)

Phoneware has around 8,000 ISP customers who generate around A$3 million (£1.1 million) a year in turnover.

Execs at Affinity reckon they can save around A$250,000 (£92,000) a year in overheads and increase turnover to A$5 million (£1.8 million).

In November last year Affinity reported that its Australian operations - which are based around telecoms - were edging towards profit.

At lunch Affinity's shares were up 15.5p (6 per cent) at 269p.

Elsewhere, recruitment outfit jobs.co.uk reported increased sales and widening losses as it admitted that it was unlikely to make a profit this year.

Turnover for the year to December 31 increased from £7,000 to £98,000 in 2001. The company's pre-tax losses increased from £124,000 to £517,000. ®

Intelligent flash storage arrays

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Big Content outs piracy hotbeds: São Paulo, Beijing ... TORONTO?
MPAA calls Canadians a bunch of bootlegging movie thieves
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
Lawyers mobilise angry mob against Apple over alleged 2011 Macbook Pro crapness
We suffered 'random bouts of graphical distortion' - fanbois
Just don't blame Bono! Apple iTunes music sales PLUMMET
Cupertino revenue hit by cheapo downloads, says report
US court SHUTS DOWN 'scammers posing as Microsoft, Facebook support staff'
Netizens allegedly duped into paying for bogus tech advice
Feds seek potential 'second Snowden' gov doc leaker – report
Hang on, Ed wasn't here when we compiled THIS document
prev story

Whitepapers

Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Getting started with customer-focused identity management
Learn why identity is a fundamental requirement to digital growth, and how without it there is no way to identify and engage customers in a meaningful way.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
Internet Security Threat Report 2014
An overview and analysis of the year in global threat activity: identify, analyze, and provide commentary on emerging trends in the dynamic threat landscape.