COMTEL CORPORATION LIMITED
ComTel Achieves FY08 EBITDA Target
CMO - 2008 Full Year Results - Mr David Sweet, CEO
Wed, 3 Sep 2008 04:30PM
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Mr David Sweet
Wed, 3 Sep 2008
04:30PM Australia/NSW
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COMTEL CORPORATION LIMITED (CMO)
ASX code: CMO
Website: http://www.comtelcorporation.com.au
Industry: Telecommunication Services
Principal Activities:
Provision of pre paid and post paid mobile telecommunications services to retail and wholesale customers.
Address:
, 77 Pacific Highway, Level 10,
North Sydney
NSW
Phone: 02 8916 2200
Fax: 02 9954 3857
Executives & Directors
Mr Phillip Pryke , Chairman, Non Exec. Director
Mr David Sweet , CEO, Executive Director
Ms Victoria Lord , Non Exec. Director
Mr Roger Steinepreis , Non Exec. Director
Mr Campbell Nicholas , CFO
Mr Campbell Nicholas , Company Secretary
Company Podcasts
Company ASX Announcements
Company ASX announcements can be viewed on the ASX website.
Announcements from the preceding six months are shown below.
Please refer to the relevant stock exchange if any of the above information is incorrect
COMTEL CORPORATION LIMITED (CMO) Events
| Company (Stock Code) | Date/Time | Event |
Timezone: Australia/NSW |
|---|---|---|---|
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Thu, 26 Feb 2009 02:00PM |
CMO - Half Yearly Report and Accounts - Mr David Sweet, CEO |
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Wed, 5 Nov 2008 08:00AM |
CMO - Comtel AGM Summary, Recapitalisation and New Investor - Mr David Sweet, CEO |
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Wed, 3 Sep 2008 04:30PM |
CMO - 2008 Full Year Results - Mr David Sweet, CEO |
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Tue, 26 Aug 2008 11:30AM |
CMO - Media Briefing - Mr Kevin Weldon, Chairman and Mr David Sweet, CEO |
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Wed, 25 Jun 2008 04:30PM |
CMO - MicroEquities Initiation of Coverage - Fond Lim, Equities Analyst, MicroEquities |
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Tue, 24 Jun 2008 11:00AM |
CMO - 2008 Rising Stars Micro Cap Conference - Mr David Sweet, CEO |
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Thu, 28 Feb 2008 08:30AM |
CMO - 2008 Half Year Results - Mr David Sweet, MD |
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| Tue, 24 Feb 2009 11:00PM |
Interim Results | ||
| Fri, 31 Oct 2008 09:00AM |
Annual General Meeting Level 10, 77 Pacific Highway, North Sydney, NSW
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| Tue, 23 Sep 2008 | Full Year Results | ||
| Sun, 6 Jan 2008 11:00PM |
EGM | ||
| Thu, 8 Nov 2007 09:00AM |
Annual General Meeting Unit 18, 39 Herbert Street, St Leonards, Sydney
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| Fri, 31 Aug 2007 | Full Year Results | ||
| Tue, 27 Feb 2007 11:00PM |
Interim Results | ||
| Mon, 20 Nov 2006 09:00AM |
Annual General Meeting Level 2, 45 Stirling Highway Nedlands WA 6009
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| Thu, 28 Sep 2006 | Full Year Results | ||
| Wed, 15 Mar 2006 11:00PM |
Interim Results | ||
| Mon, 28 Nov 2005 11:30AM 01:30AM Australia/WA |
Annual General Meeting | ||
COMTEL CORPORATION LIMITED (CMO)
| Listed Option Expiry | Wed, 1 Jul 2009 |
| Notification of Listed Option Expiry | Mon, 1 Jun 2009 |
| Half Yearly Report and Accounts | Wed, 25 Feb 2009 |
| Final Director`s Interest Notice | Fri, 30 Jan 2009 |
| Director Appointment/Resignation | Fri, 30 Jan 2009 |
| Ceasing to be a substantial holder | Fri, 9 Jan 2009 |
| Director Appointment/Resignation | Mon, 5 Jan 2009 |
| Initial Director`s Interest Notice | Mon, 5 Jan 2009 |
| Ceasing to be a substantial holder | Fri, 19 Dec 2008 |
| Change of Director`s Interest Notice | Wed, 17 Dec 2008 |
Please note: This company appears on this website as a result of its listing on the Australian Securities Exchange. Boardroom Radio does not claim any association with any company listed on this site.
INTERVIEW WITH MR. DAVID SWEET, CHIEF EXECUTIVE OFFICER OF COMTEL CORPORATION LIMITED (CMO)
“CMO - 2008 Full Year Results”
http://www.brr.com.au/event/50705
WEDNESDAY, SEPTEMBER 3, 2008, 4:30 PM.
BRR Good afternoon and welcome to Boardroom Radio. Today, we’re talking to David Sweet, Chief Executive Officer at ComTel. Good afternoon, David,
10 thanks for speaking with me today.
CMO Hello, Tom.
BRR David, you’ve announced some excellent results at the market today, what were the main drivers of these results?
15 CMO The main drivers of the results were underlying strong performance of the mobile business which generated just over $6 million EBITDA for the year and contribution from Empowered, which was the organization we acquired in November last year, which was on forecast and delivered $2 million contribution for us which was very pleasing.
20
BRR And, David, your financials are looking very healthy, how are you performing in terms of cash flow?
CMO Tom, as we announced, we contributed $5.2 million in free cash to reduce our debt over the past twelve months which given where the company is coming
25 from, we think, was an excellent performance and consistent with our philosophy of making sensible acquisitions in our fields of mobile and online media, and also looking at ways we can reduce the debt given the current market conditions.
30 BRR Okay, and finally what’s on the horizon and what should we expect from ComTel in ’09?
CMO ComTel focus in ’09 will be on delivering a stronger position in online and mobile media. We are focused on being a leader in this field. We have the largest permission-based opt-in advertising base in Australia for online, and
35 we are…..differently our first move in the mobile media space including SMS and Video Advertising. So our focus will be on growing this part of our business and really capitalizing on a first move and front runner position.
BRR David, thanks for speaking with me today. Listeners, that was David Sweet,
40 CEO of ComTel. If you have any questions for David or you’d like some more information about this broadcast, please email at brr@brr.com.au. I’m Tom McKay, thanks for listening to Boardroomradio.
INTERVIEW CONCLUDED
Contact brr@brr.com.au for more information
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