Southern Phone Company is one of the largest and most successful providers of fixed line, mobile and Internet communications services in regional Australia.
It was formed in 2002 after receiving $4.77 million in funding from the Australian Government’s Networking the Nation scheme. The vision was to deliver more affordable telecommunications services to regional communities and to share the success with those communities. Under Southern Phone's Constitution, only Australian Local Government Councils can hold shares in Southern Phone Company Ltd and Shoalhaven City Council is one of those shareholders. Dividends are paid to the Local Government shareholders and used for the benefit of their local communities.
Southern Phone now serve a national customer base, from Cape York to Zeehan, from Bega to Broome. They provide more than 130 jobs at the Moruya (NSW) head office and have returned millions of dollars to regional communities since the first dividend was declared in 2009.
Shoalhaven City Council utilises the dividend income to generate economic development projects that can deliver jobs and community enhancement within the City.