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Unwired pins hopes on WiMax

Unwired pins hopes on WiMax

Wireless broadband provider reports revenue rise and net loss of $25.2 million in the year to June 30

The forthcoming launch of high-speed WiMax wireless broadband services will open up new partner opportunities and revenue streams, Unwired's CEO claims.

The ASX-listed ISP recently posted a 44 per cent increase in revenues to $33.8 million in the year to June 30, with an overall net loss of $25.2 million.

Unwired CEO, David Spence, highlighted a 30 per cent rise in customers to 69,592 subscribers as a key achievement during 2007. However, he predicted the introduction of WiMax technology would give the business an even bigger kick along in the next two years.

"We'll start rolling out WiMax in 2008 and much more in 2009," he said. "We need the technology to give us a competitive edge in the market and expand the types of services that can be sold by others as well."

Unwired's current wholesale partners list includes BigAir, Internode and People Telecom, Spence said, but he wanted to expand this base significantly.

Some resellers might elect to sell Unwired's WiMax service outright, while others could rebadge it and bundle wireless connectivity within wider offerings, such as wireless networks for video surveillance, Spence said.

In the meantime, Spence said he was continuing to drive Unwired's operating costs down. They fell by 5 per cent to $38 million over the past year.


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