Gen-i strong contributor in Telecom results
First quarter pre-tax revenue up 38 percent on last year
By Computerworld staff, Auckland | Friday, 05 November 2010Gen-i has contributed significantly to Telecom’s first-quarter results, released today.
For the quarter, which ran from July to September, Gen-i reported pre-tax revenue of $54 million, 38 per cent up on last year.
In Telecom’s results announcement media release, Gen-i CEO Chris Quin is quoted as saying: “EBITDA growth was driven by reduced costs and strong IT services, and mobile margin growth.”
Gen- i is targeting growth in mobile, cloud services and the Australian and trans-Tasman markets, Quin says.
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