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Cellnet Group

June 2022

The plea is the first under Corporations Act provisions relating to disseminating information.

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ASIC has secured a historic guilty plea in a pump and dump case. Here’s which 20 stocks were being targeted.

  • Liam Walsh

August 2010

Cellnet

Mobile technology distributor Cellnet has turned a profit for the first time in three years. The welcome black ink, following combined losses of more than $20 million in two previous years, comes after it discontinued troubled information technology operations a year earlier.

  • Updated

June 2009

FAST FACTS

IBM in Cellnet deal Listed IT and telecommunications distributor Cellnet has completed the divestment of its Australian IT operations to IBM

  • Paul Smith

November 2008

Cellnet to cut jobs in IT distribution shake-up

Embattled IT and telecommunications distributor Cellnet has flagged redundancies and announced a reduction in suppliers as it scales back IT operations.

  • Brian Corrigan

October 2008

IT bonuses fuel row over executive pay

In a market racked with pain, some investors are smarting more than others.

  • Ben Woodhead and Paul Smith
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August 2008

Distributor hurt as revenue tumbles

CVC-backed computer and communications distributor Cellnet swung to a $4.6 million net loss on revenue that tumbled almost 17 per cent to $439.5 million in a 2008 result that chairman Alexander Beard described as "clearly unsatisfactory".

  • Ben Woodhead

August 2006

Battered stocks hold potential pay-offs

Some of the best share price gains after the reporting season come from companies that appear poised to recover from poor performances in the past. Cellnet, a market-leading Australian and New Zealand distributor of information technology, telecommunications and audio visual related products, fits this profile.

  • Trevor Hoey

February 2006

Fast facts

Cellnet profit down 87pc

  • Ben Woodhead

September 2005

Cellnet managers confident despite stock slide

Shares in telecommunications distribution company Cellnet plunged more than 8 per cent yesterday after the release of a $6.1 million net profit for the year to June 30 on revenue of $586 million.

  • Tony Boyd

May 2005

Cellnet cuts profit forecast

IT hardware and mobile phone distributor Cellnet Group has become the latest listed company to fall short of profit expectations.

  • Martin Pretty

March 2005

Cellnet in search for new chief

Queensland-based computing and mobile phone distributor Cellnet is looking for a new managing director to lead the company, following the resignation of Stephen Harrison.

  • Brett Winterford

February 2005

NEWS IN BRIEF

Ryan leads Jetstar Asia

  • Tansy Harcourt, Simon Evans, Katrina Nicholas, Jemima Whyte

November 2004

NEWS IN BRIEF

Westpac boss gets 21 per cent rise

  • Joyce Moullakis; Martin Pretty; Yvonne Ball; Stephen Wisenthal; Eli Greenblat; Jemima Whyte

September 2004

BRIEFS

India seats up in the air

  • Tansy Harcourt, Robert Guy, Jemima Whyte and Simon Evans

August 2004

BRIEFS

$19.83m setback

  • Martin Pretty; Simon Evans; Eli Greenblat; Stephen Wisenthal
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September 2003

Loss of Nokia contract yet to make full impact felt

Cellnet has shaken off a soft first half marred by stock obsolescence issues to report relatively pleasing full-year numbers.

  • Katrina Nicholas

August 2003

Cellnet loses lucrative Nokia accessories contract

The revenue of Australia's biggest mobile-phone accessories distributor, Cellnet, is expected to come under significant pressure after it lost a contract to distribute Nokia accessories in Australia.

  • Katrina Nicholas

ASIC asked to look at Cellnet write - off

Australia's biggest mobile phone and accessories distributor, Cellnet, may be investigated by Australia's corporate regulator over obsolete stock it wrote off last financial year.

  • Katrina Nicholas

April 2003

Cellnet exec departs after heated dispute

Cellnet's financial woes are predicted to deepen after the abrupt departure of the mobile phone distributor's chief operating officer.

  • Katrina Nicholas

February 2001

Export Park for Cellnet

Listed mobile-phone wholesaler Cellnet Telecommunications will relocate its Queensland headquarters, leasing 7,200 square metres of space at Brisbane Airport's Export Park

  • Jemima Whyte

Original URL: https://www.afr.com/company/clt-cw