Amcom to provide UWA with cloud cover

Company News

Telecommunications Company Amcom (ASX:AMM) will be one of the first companies to get the ‘cloud computing revolution’ started, having signed a $9 million contract with the University of Western Australia.

The three-year contract will provide the university with hundreds of computer servers.

Amcom currently has a database of 900 blue chip corporate and government customers. It owns more than 2,100 kilometres of fibre-optic network in Perth, Adelaide and Darwin.

In the second half of last year, Amcom reported a profit of $9.8 million. 


Are you a 708 sophisticated investor?

A sophisticated investor is defined under Section 708 of the Corporations Act (net assets of $2.5 million or annual incomes in excess of $250,000).

They are eligible to receive information regarding wholesale investment opportunities that are not available to regular or retail investors.

Please subscribe if you would like to be alerted to these types of opportunities.