Telecom New Zealand Profits Up on Tax Changes
Telecom New Zealand has reported a 9% rise in its 3rd quarter profits to NZ$163 million. This was due in part to a NZ$43 million one-off effect from changes in tax law. Revenue for the quarter fell 6.5% to NZ$1.36 billion,... [read full story]
|
RELATED
|
|
Telecom posts 9pc profit rise
Telecom has acknowledged its promised return to earnings growth is hostage to the Government's rural and ultrafast broadband policies. The company posted a 9 per cent rise in first-quarter profits,...
Telecom reports rising profits despite falling revenues
Incumbent operator Telecom New Zealand has reported net profit of NZD163 million (USD117.47 million) for the first quarter of the reporting year ended 30 September 2009, up 9.4% from NZD149 million a year earlier, despite...
XT network boosts struggling Telecom
Telecom New Zealand's first quarter revenues received a boost from its new XT mobile network, but not enough to counter falls in most other revenue lines. The company today reported a 6.5 per cent, or NZ$95 million (AU$75.43...
Revenue falls 6.5% at NZ Telecom
Friday November 6, 2009, 3:08 pm First quarter revenues for Telecom Corp, New Zealand's largest listed company, have received a boost from the new XT mobile network, but not enough to counter falls in most other revenue lines....
Telecom NZ's revenues drop 6.5% in Q1
Telecom New Zealand saw its net earnings rise almost 10 percent in the first quarter ended 30 September. Net earnings totalled NZD 163 million, up 9 percent from NZD 149 million a year earlier, due in part to a NZD 43 million...
Amid slow XT sales, Telecom accelerates wholesale plans
update this morning, chief executive Paul Reynolds conceded that his company had signed fewer connections to its mobile network than it had hoped by this point.By September 30, there were 242,000 XT c...
Telecom beats expectations, thanks to one-off gain
Chris Keall | Friday November 6 2009 - 09:01am Telecom’s ebitda for the three months ending September 30 fell 4.1% to $447 million against the year-ago quarter. The result was in line with the company’s guidance but a little...
NZ Telecom said Friday Q1 earnings up 9%
WELLINGTON: Telecom Corp., New Zealand's largest listed company, reported a surprise lift in profits for the first quarter of the financial year thanks to a huge tax credit and strong growth in the mobile phone market.
Telecom's results mixed as regulation distracts
Nov. 6 (BusinessWire) – Telecom Corp.’s first-quarter results highlight a company distracted by the demands of regulatory change and efforts to re-engage with the government’s plans for national broadband services, investors say.
Business Report for Friday, November 6, 2009
Telecom has reported a nine percent rise in first quarter profits, due to a gain in changes in tax laws. For the quarter to September the 30th, the company made $163 million, including $43 million from tax. CEO Paul Reynolds...
Related categories
Paul Reynolds, Corporate Earnings, Corporate Performance, New Zealand
International Editions
English - US | English - UK | Deutsch | Français | Español - España | Português - Portugal | Italiano | Čeština | Русский (Russian) | عربي (Arabic) | 中文（简）(Simplified Chinese) | Español - México | Português - Brasil | 한국어 (Korean) | English - India
