Serial raider BigAir posts profit jump

Former Dimension Data Cloud CTO jumps ship for BigAir

Wireless broadband provider, Big Air Group, has posted an strong half-year profit as it expands into Cloud, managed services and unified communications.

The company, which has acquired a number of companies between 2010 and 2012, recorded a $3.1 million half-year net profit – an increase of 53 per cent on the previous period.

Revenue was also up 19 per cent to $17.8 million, while earnings per share increased 48 per cent to 1.85 cents.

Big Air chief executive, Jason Ashton, said a series of successful acquisitions had cemented BigAir’s position as the largest provider of business grade wireless broadband services in Australia.

“This laid the foundation for our recent expansion into the exciting new growth market segments of Cloud, managed services and Unified Communications,” he said.

“These acquisitions once fully integrated are expected to expand our revenues and earnings significantly and ultimately to drive shareholder value.”

The integration of Anittel Communications and Intelligent IP will be completed before the end of 2015.

Ashton said the acquisition of Intelligent IP and Anittel Communications gave the company considerable knowledge and intellectual property around Cloud, managed services and unified communications.

“These service offerings are highly complementary with BigAir’s existing network solutions and customer assets and they will be consolidated, rationalised and enhanced to provide a broader portfolio of services to our entire customer base.”

The company has also appointed former Dimension Data Cloud chief technology officer, Scott Atkinson, as CTO of Cloud and managed services.

Ashton said the second half of the financial year would benefit from the inclusion of revenue from Intelligent IP and Anittel.

“With an expanded suite of business telecommunications solutions now in place, there are substantial opportunities to expand our revenue through cross-selling services to our existing customer base,” he said.

“We have already had some initial success cross-selling the unified communications platform to BigAir Customers with one of the largest hotels in Sydney and a longstanding data customer signing up in December 2013.”

The company is also having ‘early success’ expanding its community broadband division into growth markets of retirement living and public Wi-Fi.

It has also signed up its first student site for delivery of managed IPTV infrastructure alongside managed Wi-Fi.

More about: Anittel, BigAir, Dimension Data, Scott
Comments are now closed.
Related Coverage
Related Whitepapers
Latest Stories
Community Comments
Tags: unified communications, Jason Ashton, Scott Atkinson, big air, Managed Services, cloud computing, Telecommunications
Get exclusive access to ARN's news, research and invitation only events.
ARN Distributor Directory
ARN Vendor Directory
Microsites

iAsset is a channel management ecosystem that automates all major aspects of the entire sales,marketing and service process, including data tracking, integrated learning, knowledge management and product lifecycle management.

 

Latest News

01:08PM
Central Coast NBN Fibre-to-the-Node trial delivers 105 Mbps
12:47PM
NBN Co reports $1.17 billion loss
12:18PM
Robustel partners with KORE wireless
12:12PM
NBN Co chief calls for government subsidy to offset cost of rural NBN
More News
24 Apr
The China Healthcare ICT Conference 2014
05 May
CeBIT Australia 2014
04 Jun
Security Exhibition and Conference 2014
View all events