EBITDA growth was driven by reduced costs and strong IT services and mobile margin growth and we remain on track to deliver our planned EBITDA. While mobile connections grew 9%, mobile revenues grew 2%, reflecting lower handset revenues. Underlying trends are improving, however, with voice and data up by 6.5%.
Over the coming year we will continue to simplify our propositions to meet client needs, focus on cost-out and target growth in mobile, ‘cloud’-based services, trans-Tasman and Australia
In the media:
Gen-i earnings up, overall Telecom result down for Q1
IT services division a shining star in first-quarter results
By Computerworld staff, Auckland | Friday, 5 November, 2010
Gen-i strong contributor in Telecom results
First quarter pre-tax revenue up 38 percent on last year
By Computerworld staff, Auckland | Friday, November 05 2010
Telecom profit halves
As expected by analysts, Telecom's September quarter net profit after tax has plunged to $83 million, 49% down on the year-ago quarter's $163 million.
By NBR, Auckland | Friday, November 05 2010