When you need a rock solid, secure converged communications system... get a little soul.

Press Release: February 8, 2008

SOUL NETWORK ACHIEVES HIGH LEVELS OF AVAILABILITY

The SOUL network, operated by SP Telemedia, is achieving high levels of availability and service according to a recent review conducted by the Cisco Advanced Services group.

The review highlighted SOUL's adoption of proactive operational procedures as a key factor in promoting reliability and resilience within the network.

The SOUL network has successfully evolved over the last five years to meet and exceed increasingly complex customer solutions for clients both large and small. Reaching over 98% of the Australian population, the network is second only to Telstra's in its regional reach and capacity. Its Cisco based Internet Protocol (IP) technology, with no inherited infrastructure, has enabled enhanced flexibility and innovation for its extensive range of consumer, corporate and government clients.

Successful projects include the design, construction and management of a dedicated Voice, Video and Data network for the NSW Government. It also transmits programmes for the WIN and Prime television networks Australia-wide as well as providing services for Fairfax and Centrelink.

The Cisco finding follows the recent Gartner report on "MPLS services in Australia" which ranked the network as number two in service delivery in a study of all MPLS providers.

The two studies are convincing evidence that Soul is committed to delivering highly available, stable services for its customers.


About SOUL

SOUL is the second-largest, Australian-owned telecommunications provider. It was founded by W.H. SOUL Pattinson, the nation's third oldest publicly listed company and SOUL is listed on the stock exchange as SOT.

The digital network was designed to carry television signals to regional Australia. However it was soon realised that the advanced network could provide both metropolitan and regional communities with enhanced services which had previously been unavailable.

Today SOUL is a major provider to consumers, business and Governments with over 550,000 customers around Australia.

Among other features of Soul's capability are:

  • it has the largest independent fully converged voice, video and data network in Australia
  • it has the largest voice enabled IP network in Australia
  • a 100% interest in B Digital Limited, making it the largest mobile telephony reseller in Australia
  • it recently sold Australia's highest rating television station, NBN Television, for $250 million

These capabilities enable Soul to deliver broadband products and services, whether voice, video or data, through to the "last mile" of its own fully converged network throughout metropolitan, regional and rural Australia.


Press Release: February 7, 2008

SPT TELEMEDIA TO MERGE WITH TPG

Click here to download the ASX Announcement...


Press Release: July 12, 2007

LINKSYS AND SOUL ANNOUNCE THE AVAILABILITY OF LINKSYS ONE TO THE RESELLER CHANNEL

SOUL to sign up VARs to offer the Linksys One managed communications platform to Small Businesses

Linksys®, a Division of Cisco Systems, Inc., the recognised leading provider of voice, wireless and networking hardware for the consumer, SOHO and small business markets and SOUL, a leading communications service provider, today announced the availability of the SOUL Partner program to recruit resellers to sell the Linksys One converged voice and data solution to small businesses in Australia.

SOUL - a Linksys One Hosted Solution Provider (HSP) since last June - has been working closely with Linksys to develop and deliver the Linksys One managed communications solution designed specifically for small businesses.

Under the new SOUL Partner Program, SOUL will certify value-added resellers (VARs) and System Integrators (SIs) to sell and support Linksys One, allowing these VARs to deliver a solid, managed communications platform to their small business customers.

The Linksys One solution provides Business-grade Voice-over-IP telephony services, broadband access, data networking services and hosted applications over a single Quality of Service enabled connection.

"Linksys and SOUL have spent 12 months working together to create this innovative converged voice and data platform for small businesses, a key pillar of the Linksys Connected Office strategy," said Graeme Reardon, regional director, Australia and New Zealand at Linksys. "We are pleased to be offering a business-grade, yet cost-effective, VoIP telephony and data solution to small businesses in conjunction with SOUL."

"SOUL has created a number of flexible packages, allowing smaller businesses to leverage enterprise-grade voice and data technology through a single solution platform which is easy to buy, build and manage," said Craig Levy, GM of Product Development at SOUL.

"SOUL has removed the typical barriers to entry by removing hardware and installation fees from a capital investment perspective," Mr Levy added.

Karen Tomati-Watts, channel manager at SOUL added: "This is a great opportunity for VARs to expand their current customer base by selling into new untapped small business customer segments with SOUL's managed services and in doing so, create new revenue streams."

"From a reseller perspective, Linksys One can provide our partners with the ability to service all of their customer needs from one source, helping to minimize the cost of doing business, reducing the support required for their customers and earning ongoing incentives from each sale."

About Linksys

Founded in 1988, Linksys, a Division of Cisco Systems Inc., (NASDAQ: CSCO) is the recognised global leader in voice, Wireless and Ethernet networking for consumer, SOHO and small business users. Linksys is dedicated to making networking easy and affordable for its customers, offering innovative, award-winning products that seamlessly integrate with a variety of devices and applications. Linksys provides award-winning product support to its customers. For more information, visit www.linksys.com.au.

About SOUL

SP Telemedia Limited (trading as SOUL) is an innovative market leader in the IP telecommunications and multi-media market. Listed on the Australian Stock Exchange, SOUL's entry into the market in 2001 was met with huge success in a relatively short period of time. Since its establishment, SOUL has maintained rapid growth, proving itself to be a dynamic and significant force in the Australian telecommunications industry.

Among other features are:

  • SOUL has the largest fully converged voice, video and data IP based access network in regional Australia
  • SOUL has the largest voice enabled IP network in Australia
  • SOUL has a 100% interest in B Digital Limited, making it the largest mobile telephony reseller in Australia and servicing in excess of 500,000 consumer telecommunication services

These capabilities enable SOUL to deliver IP based broadband products and services, whether voice, video or data, end to end through to the "last mile" on a fully converged network throughout metropolitan, regional and rural Australia.



Press Release: July 11, 2007

UNITING CARE COMMUNICATES WITH SOUL

SOUL WINS THREE-YEAR UNITINGCARE CONTRACT

Emerging telecommunications group, SOUL (ASX listed: SP Telemedia Limited), continues to broaden its service offering to Australian private and public sectors groups, with today's signing of a three year, multi-million dollar partnership with UnitingCare Ageing (UC Ageing).

The contract involves Soul deploying its telecommunications data services to more than 90 UC Ageing sites across New South Wales and the ACT, providing a total solution to the group's telecommunication needs.

As a major user of telecommunications services, the UC Ageing business validates Soul's emerging position in the Australian marketplace as a genuine alternative to the traditional telecommunications carriers.

UC Ageing's single network project is a key infrastructure project within the aged care group's strategic plan, covering a single network to support Residential Care, Community Care, Finance and Resident Management and Payroll/HR/Rostering computer applications.

This network will by design deliver

  1. 1)  A Service Level Regime to support "24x7" operation
  2. 2)  Cost Efficiencies through replacing the six separate networks currently in use
  3. 3)  A platform for UC Ageing wide disaster recovery (DR) capability
  4. 4)  "Best Practice" Technology Management Practices
  5. 5)  A contemporary, state-wide (NSW & ACT) platform for the delivery of modern care applications by extending the number of networked sites from 73 to 92.

Michael Simmons, Chief Executive Officer of Soul, said "We are delighted to have won yet another major contract in the not-for-profit sector, providing a major data solution chosen to comply with the strict availability requirements of a 24 hour a day care business."

Director of UnitingCare Ageing, Gillian McFee, said "This is a major development for our organisation as we are committed to providing our staff with the infrastructure to provide the highest quality aged care in the industry".

"As the largest providers of aged care in NSW and ACT, this partnership with Soul will ultimately make a difference to more than 14,000 people presently in our care," she added.

The Soul network is a fully converged video, voice and data IP-based network with distributed switching throughout regional Australia and the capital cities, providing alternative, competitive voice and data infrastructure with significant cost savings.

For more information:

Hannah White
(02) 9026 7454
0428 136 850



Press Release: July 9, 2007

SOUL CONTINUES TO WIN MAJOR GOVERNMENT AND CORPORATE ACCOUNTS WITH FIVE-YEAR CENTRELINK DEAL

Emerging telecommunications group, SOUL (ASX listed: SP Telemedia Limited), continues its growth of clients in the corporate and government sector with a five year, multi-million dollar partnership with Centrelink.

The contract involves Soul deploying its telecommunications data services to more than 350 Centrelink sites across Australia.

As one of the largest users of telecommunications services in Australia, the Centrelink business represents strong validation of Soul's emerging position in the Australian marketplace as a genuine alternative to the traditional telecommunications carriers.

One of the key design elements of the Centrelink Data Network Redesign Project (DNRP) involves the deployment of independent data paths to mission critical locations. This architecture will provide Centrelink with physical redundancy infrastructure designed to ensure that vital services remain available to their end users at all times.

Michael Simmons, Chief Executive Officer of Soul, said "We are delighted to have won yet another major government contract, providing with other suppliers a major data solution as well as superior network performance. The fact that all Soul networks are independent and purpose-built to support IP traffic contributed to SOUL meeting Centrelink's technology requirements".

"By using an end-to-end Cisco network rather than a mix of different vendor products, Soul can provide the highest possible quality of service and scalability. This ability allows SOUL to cater for truly converged services and emerging applications such as multicasting, secure virtual private network (VPN), business VoIP and consumer VoIP services," added Mr Simmons.

The Centrelink network will include access points in major centres to connect more than 350 sites for a wide range of Centrelink functions.

The Soul network is a fully converged video, voice and data IP-based network with distributed switching throughout regional Australia and the capital cities, providing alternative, competitive voice and data infrastructure with significant cost savings.

For more information:

Hannah White
(02) 9026 7454
0428 136 850



Press Release: June 28, 2007

SOUL Celebrates the Rollout of Super High-Speed Broadband and Telephony Products on the Gold Coast this weekend with Sponsorship of the Gold Coast Airport Marathon

Australian-owned telecommunications group, SOUL, has celebrated its first sponsorship of the Gold Coast Airport Marathon with the announcement that Soul's high speed broadband service, mobile and fixed wire phone services are making strong inroads against Telstra with Gold Coast residents and businesses.

To mark its success on the Gold Coast, SOUL is also offering all runners in this year's Gold Coast Marathon, Half Marathon, 10km and 7.5km run the chance to get a pair of ASIC running shoes when they join SOUL over the three days of the event.

Any runner who visits the SOUL stand at the Expo during the event and signs up to any of SOUL's home phone, mobile or internet broadband packages, will also receive a pair of ASIC Gel Oberon running shoes, valued at $109.90.

The company already has an extensive broadband and dial-up customer base on the Gold Coast, as well as offering local call access to 98.5 per cent of Australia.

Soul's CEO, Mr Michael Simmons said "Soul is proud to sponsor the 10km run and offer our new products and services, including high-speed broadband, to our Gold Coast customers".

Gold Coast customers can sign-up to Soul's broadband by calling 13 34 44.

For more information:

Hannah White
+ 61 (02) 9026 7454
0428 136 850

Tim Allerton/Diana Bauer
City PR
(02) 9267 4511
(0412) 715 707

AUSTAR and Soul partner to deliver regional broadband network

Soul's extensive Internet Protocol (IP) based data and voice network will provide AUSTAR with the necessary backhaul and switching services and internet connectivity for its planned WiMAX based broadband wireless network.

AUSTAR's wireless broadband network is expected to pass 750,000 homes in 25 regional Australian locations by the end of 2007. It will initially offer a broadband internet service, delivering true broadband speeds to regional consumers - many of whom cannot currently access internet speeds in excess of 256kbps.

AUSTAR CEO John Porter said the arrangement with Soul is a strong signal that alliances are the key to delivering world-class, standards based, broadband infrastructure to regional Australia.

"AUSTAR is well on its way to putting the 'broad' back into broadband for regional Australians, using our wireless spectrum over the next eighteen months.

"We have enjoyed a long history with Soul. They have provided the network for the 38,000 customers on our award winning dial up AUSTARnet service. As another regionally focused company with its own extensive backhaul and customer access network, Soul was a natural and competitively priced partner for us.

"AUSTAR has a strong history of working in partnerships, where all parties leverage their strengths, to efficiently deliver consumer benefits to regional Australia. We're pleased to see Government recognise the role of such alliances for the Broadband Connect funds, and we look forward to continuing discussions with the Minister on that front," said Mr Porter.

The Chairman of SP Telemedia ("SOUL"), Mr Rob Millner stated, "The Soul network is a fully converged video, voice and data IP-based network with distributed switching throughout regional Australia. This makes Soul the ideal partner for the provision of services to Austar to complete its regional broadband wireless network and provide the capability for Austar to deliver a wide range of IP services."

"The alliance between Soul and Austar will allow us to introduce alternative, competitive broadband infrastructure to regional Australia which is a key objective for the Federal Government under the Broadband 'Connect' program. Meanwhile, we're also looking at opportunities to deliver voice services to consumers (using VoIP technology) as part of the AUSTAR broadband service", said Mr Millner.

AUSTAR will continue to work with metropolitan operator, Unwired Australia, as both parties build interoperable, WiMax-compliant networks to allow roaming between the regional AUSTAR and metropolitan Unwired network. The establishment of a broadband access network with wide national coverage would provide Australians with a real alternative to the incumbent, for both broadband and voice services, and deliver associated benefits through competition.

For more information:

Austar

Cathy Knezevic
+61 (0)2 9295 0139
0421 600 670
cknezevic@austar.com.au

Emma Rackley
+61 (0)2 9394 9806
0422 823 000
erackley@austar.com.au

Soul

Hannah White
61 (0)2 9026 7444
0428 136 850

About AUSTAR United Communications (AUSTAR):
www.austarunited.com.au

AUSTAR (Australian Stock Exchange "AUN") is a leading provider of subscription television services in Australia, providing principally satellite delivered services to regional and rural Australia. AUSTAR also offers mobile telephone and internet services. AUSTAR's 50% owned joint venture, XYZnetworks, is a significant program provider in the Australian market and owns and/or distributes Nickelodeon, Nick Jr, Discovery Channel, Channel [V], MAX, Arena, The Lifestyle Channel, Lifestyle Food, CountryMusic Channel, and The Weather Channel to an audience of more than 4 million people. In addition, AUSTAR was the first company in Australia to launch digital interactive television.

About Liberty Global

Liberty Global owns interests in broadband distribution and content companies operating outside the continental United States, principally in Europe, Asia, and the Americas. Through its subsidiaries and affiliates, Liberty Global is the largest broadband cable operator outside the U.S. in terms of subscribers. Based on the Company's consolidated operating statistics at September 30, 2005 (other than NTL Ireland which, at September 30, 2005, Liberty Global consolidated but did not control), Liberty Global's networks passed approximately 23.6 million homes and served approximately 15.2 million revenue generating units, including approximately 10.7 million video subscribers, 2.6 million broadband Internet subscribers and 1.9 million telephone subscribers

ABOUT SP Telemedia ("Soul")

S P Telemedia Limited (ASX Code: SOT) trading as SOUL is an innovative market leader in the IP telecommunications and multi-media market. Listed on the Australian Stock, Soul's entry into the market in 2000 was met with huge success in a relatively short period of time. Since its establishment, Soul has maintained rapid growth, proving itself to be a dynamic and significant force in the Australian telecommunications industry. Among other features of Soul's capability are:

  • it has the largest independent fully converged voice, video and data network in Australia
  • it has the largest voice enabled IP network in Australia
  • a 46% interest in B Digital Limited, making it the largest mobile telephony reseller in Australia and servicing in excess of 500,000 consumer telco services
  • it owns Australia's highest rating television station, NBN Television

These capabilities enable Soul to deliver broadband products and services, whether voice, video or data, through to the "last mile" of its own fully converged network throughout metropolitan, regional and rural Australia.

Soul Deploys Cisco Equipment to Drive the $300 Million NSW Government Broadband Network

Statewide IP MPLS network to provide advanced applications including VoIP, video streaming and multicasting to 2,000 sites.

SYDNEY, Australia - 19 December, 2005 - Soul, (ASX:SOT) a leading Australian telecommunications company, has selected an array of advanced communications technologies and services from Cisco Systems® as part of its contract to create an IP MPLS network for the New South Wales Government's $A300 million broadband project.

Cisco® has been selected to supply the 12000 Series Router, which now connects a wide range of agencies in New South Wales and extends across the State. The network uses Internet Protocol (IP) technology to provide Soul's Government agency customers, including education and healthcare with quality-of-service enabled data, voice and video applications, including voice over IP (VoIP), streaming video and multicasting.

The agreement expands a long-term relationship between Soul and Cisco, which has seen Soul (formerly known as S P Telemedia) develop Australia's largest purpose-built Multiprotocol Label Switching (MPLS)-enabled network, powered end-to-end by Cisco technology.

Steve Legge, Chief Operating Officer at Soul said; "The fact that all Soul networks are purpose-built to support IP traffic was a major reason that our company was selected to deploy the NSW Government's core network. By using an end-to-end Cisco network in all our infrastructure rather than a mix of different vendor products, Soul can provide the highest possible quality of service and scalability. We were able to demonstrate a proven ability to cater to 'triple play' and converged services and emerging applications such as multicasting, secure virtual private network (VPN), business VoIP and consumer VoIP services."

The New South Wales Government network includes 24 access points in major regional centres and two in Sydney to connect up to 2,000 sites for a wide range of public sector functions including schools, police, health, justice and government services. Soul has deployed the IP MPLS network under a five-year contract that is expected to continue significantly beyond this period as more agencies connect to the network and the range of products and services carried on the network increases.

Cisco managing director, Ross Fowler, said; "Soul is demonstrating the ability to build state-of-the-art, next-generation networks built around Cisco technology. With demand for services such as multicasting growing rapidly, purpose-built networks with end-to-end technology are already showing significant quality advantages over best-in-class infrastructure."

The core network connects with Soul's existing infrastructure in New South Wales, which is also powered by Cisco equipment.

It also includes a national voice network that can provide services to more than 98 percent of addresses in Australia. The Cisco-based network provides state-of-the-art, carrier-grade soft-switching capable of carrying over a billion voice and data minutes with 99.99 percent network availability.

About Cisco Systems
Cisco Systems, Inc. (NASDAQ: CSCO), the worldwide leader in networking for the Internet. Information about Cisco can be found at http://www.cisco.com. For ongoing news, please go to http://newsroom.cisco.com. Cisco, Cisco Systems, and the Cisco Systems logo are registered trademarks of Cisco Systems, Inc. in the United States and other countries. All other trademarks mentioned in this document are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company. This document is Cisco Public Information.

About Soul (S P Telemedia)
S P Telemedia Limited (ASX Code: SOT) trading as SOUL is an innovative market leader in the IP telecommunications and multi-media market. Listed on the Australian Stock Exchange with a market capitalisation exceeding $600M, Soul's entry into the market in 2000 was met with huge success in a relatively short period of time. Since its establishment, Soul has maintained rapid growth proving itself to be a dynamic and significant force in the Australian telecommunications industry. Soul is a multi-media full service telecommunications company providing innovative voice, internet and data solutions to a wide range of customers from consumer through to SME, Corporate and Government sectors.

Press Contact(s):
Peter Witts
Cisco Systems, Inc.
+61 2 8446 5272
pwitts@cisco.com

top

SP TELEMEDIA FINDS "SOUL" TO TAKE ON TELECOMMUNICATIONS MARKETS

A new name is about to be promoted nationally to users of telecommunications services.

It is intended to reflect the emerging trend of convergence of media and telecommunications through the digital communication of video, voice and data on one network.

SP Telemedia Limited, while retaining this name for the listed entity, is to adopt a new trading name for its operating telecommunications businesses, which will be Soul Converged Communications, or Soul in its shortened form. This will replace the previous brand, being the acronym SPT.

The new brand is intended to achieve three primary marketing aims:

  • making Australians aware that Soul has the second largest communications network in Australia, covering 98 per cent of the nation's population for voice and data services.
  • emphasising that Soul is the country's only converged media and telecommunications business, enabling communication of voice, data and video on one network.
  • highlighting that Soul's previous low profile is coming to an end as it makes its expanded service capability better known to retail, business and government customers nationally.

SP Telemedia was effectively a start up business in 2000, beginning with a focus on marketing regional telecommunications services carried on the digital internet protocol network originally constructed for the transmission of digital television services for NBN Television.

It listed on the ASX in 2001, with its then parent company, Washington H Soul Pattinson and Company Limited, one of Australia's oldest companies, offering part of its shareholding to the public, and since then SP Telemedia's market capitalisation has grown from $45 million to approximately $600 million.

Over the past 18 months, SP Telemedia has been transformed as it has acquired the national data and voice internet protocol network of Comindico, 42.9 per cent of ASX listed B Digital, which has expanded mobile telephony capability, as well as 100 per cent of NBN Television.

This has established a converged media and telecommunications business which challenges Australia's largest telecommunications providers and the new Soul brand signals an intention to seek a larger market share.

According to Mr Robert Millner, Chairman of SP Telemedia, the new brand was all about boosting awareness that Soul was an alternative, competitive force in the market. "The name has an excellent link with our heritage and regional presence and it foreshadows that we are going to be at the centre of converged communications nationally," Mr Millner said.

In developing the new brand, Soul has relied on a creative team led by advertising industry identity, Mr Don Morris, who has been involved in many successful brand campaigns including "I Still Call Australia Home" for Qantas, "Oh What a Feeling" for Toyota and "Put Another Shrimp on the Barbie" for the Australian Government.

Along with the Soul brand which will drive a national marketing campaign, a new corporate identity has been developed which will make it easier for customers to understand Soul's capability across voice, video and data communication.

The identity adopts the circular Yin and Yang symbol - opposites that are interdependent - which is further defined by the "S" for Soul as well as the "dinkus" which is a three pronged device signifying the convergence of voice, video and data across the one network.

A recent project which illustrates Soul's expanded capability is the construction of a broadband network for all NSW state government departments, which is due for completion next month and will achieve significant improvement in regional and rural broadband telecommunications infrastructure in terms of capacity, quality and cost.

The network will be owned by Soul and additionally Soul has been appointed one of the preferred providers of local "tail" access to this network for government agencies and associated entities.

This project for the NSW government illustrates Soul's capability to deliver broadband products and services, whether they be voice, video and or data, through to the "last mile" of the fully converged network throughout metropolitan, regional and rural Australia.

Among other features of Soul's capability are:

  • it has the largest independent internet protocol based data network in Australia
  • it has the largest voice enabled internet protocol network in Australia
  • it is one of the largest mobile telephony reseller in Australia
  • it owns Australia's highest rating television station in its market, NBN Television

The new website for Soul is www.soulaustralia.com.au

top

SP Telemedia has a New Brand Name

The company you know as the SP Telemedia Group has a new name.
Soul.
Our recent expansion and significant infrastructure investment has achieved our goal of becoming the force in full service, fully converged, multi-media communications.
After accomplishing that, we felt a new name was called for.
One that would stay true to our Australian origins.
A name that would not only represent the quality and extent of our organisation throughout metropolitan and regional Australia but also one that would encompass our way of doing business.
Owning the second largest voice and data network in Australia and delivering services on alternative infrastructure has given us a competitive edge.
So much so that State and Federal Governments, as well as major corporations and consumers are taking advantage of the benefits that only a truly converged network like ours, can offer.
So, from today, the only name you need remember in converged communications is one that not only supplies the necessary competitive edge, but also, more importantly:

A little soul.

top

CONVERGED SP TELEMEDIA ACHIEVES RECORD PROFIT, DOUBLES DIVIDEND PAYOUT

  • Record NPAT - up 99% before goodwill to $19.2M, up 71% to $16.5M after goodwill
  • EPS 5.6 cents compared with 4.9 cents previously
  • Full year dividend 2.2 cents, payout double previous year in $ terms
  • First full year of NBN, other businesses partially, underlining higher profit ahead

Significant corporate developments over the past year have changed the structure and business of SP Telemedia Limited (ASX Code: SOT), resulting in a record profit and doubling of dividend payout for the year to July 31, 2005.

SOT is now Australia's only converged service provider across voice, video and data and has three operating divisions - media, telecommunications infrastructure and retail telecommunications.

In 2004, SOT acquired the country's highest rating television station, NBN, and transactions in 2005 gave SOT the largest independent IP based voice network, after absorbing the Comindico business, and an expanded retail base after an alliance with B Digital, now 42.9 per cent owned by SOT.

These acquisitions have added to the existing owned data network of SPT which is the largest regional access network in Australia after Telstra.

SOT's internet protocol network now enables local call coverage for over 98 per cent of Australia's population.

A significant contract win, against major competition, by SOT during the year was for the rollout of broadband for the whole of the NSW government throughout the state, with financial benefits from the contract to be realised in the next financial year.

Results to July include the first full year of NBN with the other businesses contributing for only parts of the year.

Consolidated revenue under management was $264.9 million compared with $88.4 million a year ago.

With share capital expanded by the NBN acquisition, the pre-goodwill profit represents earnings per share of 5.6 cents, up from 4.9 cents previously.

Directors have recommended a final dividend of 1.2 cents a share, taking full year dividend to 2.2 cents fully franked, which is a 47 per cent payout and a doubling of dividend payment in dollar terms.

According to SOT chairman, Mr Robert Millner, the results were pleasing in themselves but more important was the establishment of a unique business model with significant potential for growth.

"This year we have been focused on integrating and rationalising the components of our business and next year we will start to see the benefits of our investment strategy flow through and each new Company making full year contributions," Mr Millner said.

NBN, the Newcastle based affiliate of the Nine Network which contributed 48 per cent of SOT's earnings after tax, lifted revenue 6.2 per cent and has won every week of ratings so far in 2005.

Restructuring within the telecommunications infrastructure division resulted in a loss from the Comindico part of the business as it been rationalised and integrated into SOT's structure.

Through the sale of "Kooee" and purchase of shares, SOT acquired a 42.9% share in listed public company B Digital on April 21, 2005, resulting in B Digital contributing to earnings for just 3 months.

B Digital is one of Australia's largest consumer retail service providers, with over 550,000 mobile, fixed line and internet customers.

The call centre and billing operations of B Digital are also being applied to SOT's corporate, government and SME customers as well as the retail base.

B Digital recently reported a full year profit after tax before goodwill amortisation of $24.6 million for 04/05.

In relation to the privatisation of Telstra, Mr Millner said he believed SOT was well placed to benefit from the recent legislation.

"By virtue of owning and operating the largest regional access Network for data and voice, after Telstra, we are well positioned to participate in the improvements in regional infrastructure proposed by the Government with new funding initiatives arising out of the Telstra sale," Mr Millner said.

Final dividend will be paid on November 17 to SOT shareholders registered on October 7.

top

National Press Campaign

top

Annual reportsAnnual reports