Telstra has revealed the addition of almost one million new mobile services in the six months to December 2011, but Sensis revenues plummeted 24 percent in 12 months.
ASX listed VoIP service provider and technology developer, Freshtel
Holdings is seeking expressions of interest from potential investors to
take up to 50 million ordinary shares (worth $12.25m at the closing
price on 04 August). It wants the capital to "facilitate the
commercialisation of the significant opportunities that have emerged in
international markets for Freshtel's white label Internet telephony
solutions." Specifically, Freshtel has a contractual arrangement with
Swedish telecoms service provider, Maskina, which plans to roll out a
Freshtel managed Internet telephony solution for a major UK
retailer.
The funds will also be used to roll out Freshtel's technology in the UK
& US markets including network infrastructure development, installation
and project management and the manufacture and roll out of its analogue
telephone adapter and PABX hardware.
Last month another ASX-listed VoIP service provider, engin announced
that it was seeking an additional $5.9m equity.
David Bass
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