Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.
Vodafone New Zealand Results for year end March 2005
Posted on 5-Oct-2005 11:35 | Tags Filed under: News



More customers and a greater variety of services have boosted Vodafone New Zealand’s performance, with a $28 million increase in after-tax profit for the 12 months to March 2005.

Releasing its annual results to the Companies Office, Vodafone said that in a year of continued investment, it was pleased to have sustained a market leadership in what was a challenging, dynamic market.

The company reported revenue at NZ$1.2 billion for the 12 months to March 2005, compared with NZ$1.07 billion for the previous equivalent period. Its after-tax profit increased from NZ$154 million the previous year to NZ$182 million.

“We aim to provide the best possible value and mobile solutions. We’ve invested more than $2 billion in local infrastructure since we began operations here in 1998,” said Vodafone Finance Director David Sullivan.

“Over the 2005-2006 year we’ll continue to invest in our network and develop new services for customers that will give them even richer communication choices for work and play.”

Vodafone reported a customer base of 1,891,386 customers, a market share of 55.4% of the New Zealand mobile market with a net gain of 284,187 customers in the year to March.

New services introduced over the past year included Push to Talk and HotLink plus expansion of the Vodafone live! content.

Vodafone has launched 3G enabled services in August. with the official launch of its 3G UMTS network soon after. The company have also reduced the price of data roaming from NZ$30 to NZ$10 per megabyte

"We have a very small piece of the overall telecommunications revenue in New Zealand. While we are number one in mobile, we are the number two telco. In that context we are pleased with our steady growth,” said Sullivan.




comments powered by Disqus




Trending now »

Hot discussions in our forums right now:

Netflix and Spark agreement
Created by freitasm, last reply by Linuxluver on 1-Mar-2017 21:52 (112 replies)
Pages... 6 7 8


The President Of The USA: Donald Trump
Created by TimA, last reply by Fred99 on 1-Mar-2017 22:00 (3395 replies)
Pages... 225 226 227


What game is everyone playing at the moment
Created by BTR, last reply by gehenna on 1-Mar-2017 18:00 (21 replies)
Pages... 2


Is the ipad mini2 any good?
Created by kiwifidget, last reply by kiwifidget on 1-Mar-2017 15:00 (17 replies)
Pages... 2


Migrate from old plan
Created by Teeceezy, last reply by dt on 28-Feb-2017 18:47 (16 replies)
Pages... 2


Vodafone / SKY merger
Created by wingbat45, last reply by jamesrobert on 28-Feb-2017 08:28 (138 replies)
Pages... 8 9 10


US citizens can buy grenade launchers
Created by kingdragonfly, last reply by Geektastic on 27-Feb-2017 22:15 (28 replies)
Pages... 2


Cheapie Dash Cam
Created by KillerHulk, last reply by cadman on 2-Mar-2017 00:48 (37 replies)
Pages... 2 3