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AUSTRALIA'S AMCOM TELECOM EXPECTS TO ACHIEVE FORECASTS.
SYDNEY, Feb 1 Asia Pulse - Amcom Telecommunications Ltd (ASX:AMM) has said it is confident of achieving its 2001 earnings forecasts despite posting a first half EBITDA (earnings before interest, tax, depreciation and amortisation) loss of $A280,000 ($US152,768).
Amcom said the loss was below forecast and it would continue to focus on growing its existing sales and marketing base to meet or exceed revenue and earnings for the full year.
The company reiterated forecasts for 2000/01 of $9-$10 million in revenue and EBITDA of about $2 million.
It is forecasting $18 million in revenue for 2001/02 and EBITDA of $11 million.
"Continued focus on its core business in the provision of 'last mile' ...
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