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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: tradermike_1999 who started this subject2/18/2002 8:48:20 PM
From: Moominoid   of 74559
 
From Telecom NZ 1/2 Year report

This is a turn around - profits and sales from wireless were previously decreasing:

WIRELESS
The Wireless business achieved EBITDA for the half year of NZ$134
million, up 10.7% on the previous corresponding half year.
In New Zealand revenue was stable while cost of sales decreased by
9.2% for the half year, resulting in 19.0% growth in gross margin.
Average revenue per user (ARPU) for postpaid customers increased to
$73.70 per month for the second quarter up from $71.20 per month for
the first quarter of the current financial year.
Telecom's CDMA network in New Zealand now has around 110,000
connections. Total mobile connections were 1,379,000 at 31 December
2001.
In Australia, the new resale agreement with Vodafone has improved the
cost structure of Cellular One and cost of sales in this business
decreased by 14.2% for the half year. Cellular connections at 31
December 2001 were up 8.0% compared with a year earlier.
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