Pacific Internet Limited

Type: Public
On the web: http://www.pacnet.com

Singapore's Pacific Internet, or PacNet, is fighting back a rising tide of competition on the island nation. As one of the country's leading ISPs (alongside Singapore Telecommunications), the firm offers dial-up and broadband access, Internet consulting services, and Web site hosting, as well as other e-commerce services. It has been focusing on its broadband offerings as well as its e-commerce services, in the face of competing Internet service providers. PacNet also operates in Australia, Hong Kong (through Pacific Supernet), India, Malaysia, the Philippines, and Thailand. Connect Holdings acquired 88% of the company in 2007.

Key numbers for fiscal year ending December, 2006:
Sales: $125.3M
One year growth: 20.3%
Net income: $3.9M
Income growth: (41.2%)

Officers:
Senior Manager Investor Relations: Mervin Wang
Chairman and Acting CEO: William L. (Bill) Barney
CFO and Director: Brett Lay

Competitors:
PCCW
SingTel
Telstra

Pacific Internet or PacNet (simplified Chinese: 太平洋互联网) NASDAQ: PCNTF is headquartered in Singapore and is the largest telco-independent Internet Communications Service Provider in the Asia Pacific region with direct presence in Singapore, Hong Kong, Philippines, Australia, India, Thailand and Malaysia.

The Group runs a round-the-clock IP network with strong international peering relationships, enabling it to offer integrated access, data, and value-added services to customers with interests in commercial centers in Asia and globally.

However, while Pacific Internet is headquartered in Singapore, it has only managed to capture a small part of the market there as it does not own its own networks. This may change in the near future as PacNet has just received a license to operate wireless networks.

External links

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• Pacific Internet Main Site
• Pacific Internet Australia
• Pacific Internet Singapore
• Pacific Internet Hong Kong
• Pacific Internet Philippines
• Pacific Internet India
• Pacific Internet Thailand
• Pacific Internet Malaysia

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