aaNet

aaNet
aaNet Communications
Type Subsidiary of EFTel Ltd
Industry Telecommunications
Headquarters Perth, Australia
Products Internet Access
Website http://www.aanet.com.au/

aaNet Communications is an Australian Internet Service Provider company located in Capalaba, Brisbane[1], and is owned by Eftel.

History

aaNet Communications was previously owned and was initially established by Lorraine Rose a (Data Communications Engineer) in January 2004. The start up capital for aaNet was a mere $8,000. The aaNet network was designed and installed by Rose who built the first 5, Cisco 7206 routers from spare parts purchased from ebay on her living room floor in Minjama Queensland. In the first 12 months of operation aaNet grew to be the 9th largest service provider in Australia with in excess of 20,000 customers and installed Cisco ESR 10,000's to cope with the growth in network traffic. aaNet had a turnover of around 24 million dollars and never borrowed to contribute to the momentum of the company. In January of 2006 Rose agreed to sell aaNet to Eftel. At the time Rose, aka Cat Carroll forum ID, posted on the aaNEt forum to her customers that health reasons in the form of ongoing Eyesight problems as the reason for the sale. The sale to Eftel initially fell through but was revived when Telstra initiated legal action against aaNet in late May of 2007 in a dispute over ATM billing charges. Telstra attempted to leverage Eftel to collect its claimed funds from Rose and as a result Eftel did not pay Rose anything for the company for a number of months. As it turns out, Telstra did not win the case that was instigated due to the ATM billing charges.

External links

Notes and references


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