SMM 0.00% 0.3¢ somerset minerals limited

unwisely sold phosphate assets for peanuts, page-2

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    What is wrong with this company?

    http://www.investsmart.com.au/company_profile/summary/default.asp?SecurityID=SSM&ExchangeID=ASX

    Company Overview
    Service Stream Limited (SSM), formerly Total Communications Infrastructure Limited (TCI) provides tailored services to wireless communications carriers, as well as the wind energy and water treatment industries. Services include property acquisition, environmental planning, design, construction, installation and ongoing maintenance for communications and renewable energy facilities.

    Company History
    SSM (formerly TCI) was established in Sydney in 1996 to provide a complete solution to the telecommunications industry, from site identification to site handover. A sister company to TCI was established in Oxford, UK in 1997 to service the deployment needs of the UK telecommunications industry. In 2001 TCI branched out to provide services for the wind power generation industry. In December 2004, TCI Australia listed on the ASX and changed its name to Service Stream Ltd (SSM) in January 2007.

    Differentiating Factor
    SSM is focused on three fundamental sectors to drive its growth: Communications; Renewables; and Assets and Infrastructure. The company has targeted the wind energy and water recycling industries within its Renewable Energy business unit.

    Major Customers & Competitors
    SSM's customers include numerous telecommunications corporations and mobile service providers including Telstra, Optus, Vodafone, Nokia, Ericsson, Alcatel, Gridcom, Globalstar, Hutchison Technology, Orange, Motorola, and Lucent Technologies. Its main competitors include other providers of infrastructure services and solutions to telcos.

 
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