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Telecommunications Unwired cashed up and ready to expand
Telecommunications Unwired cashed up and ready to expand | Unwired cashed up and ready to expand |
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| by Stuart Corner | |
| Friday, 27 January 2006 | |
  
In addition is spent $815,000 expanding its Sydney network and $520,000 on expanding its network outside Sydney in an area to be revealed in the near future. Unwired now has a cash balance of $9.4 million, thanks to Intel's $37 million investment and after paying $15 million to Austar for spectrum. The company reduced its marketing spend during the quarter but says it is now ramping up in preparation for renewed TV, radio and print advertising in February. |
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