Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

CLEAR On Track To Deliver Profitable Growth

9 November 2000

CLEAR Communications this evening confirmed its business focus and growth strategy remain unaffected, following BT's announcement today of its latest results and its plan to refocus its geographic expansion within Western Europe and Japan.

CLEAR Communications Chief Executive Peter Kaliaropoulos said the company continued to focus on delivering profitable growth and pursuing high growth, high-value segments, leaving equity issues to its shareholder.

"Our focus remains on accelerating the implementation of business plans to create more value for our customers, greater shareholder wealth and increased staff satisfaction," he said.

"We are focusing on growing our customer base and our revenues through expanding our national network and developing innovative products and services in the broadband access and ebusiness areas."

Mr Kaliaropoulos said CLEAR also intended to further accelerate growth by leveraging its very valuable brand in the Australian market.

There was already evidence CLEAR's strategy was successful, with revenues up 15 per cent so far this year, he said. CLEAR was on track to meet its demanding profit targets this financial year.

ENDS

For further information contact Rochelle Lockley Communications Manager - Commercial CLEAR Communications Ph: (09) 912 4104 Office Ph: (021) 763 784 Mobile


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Climate Summary: NZ’s Equal-2nd Warmest Year On Record

Annual temperatures were above average (+0.51°C to +1.20°C above the annual average) across the majority of New Zealand... 2018 was the equal 2nd-warmest year on record for New Zealand, based on NIWA’s seven-station series which began in 1909. More>>

ALSO:

GDP: Economic Growth Dampens In The September Quarter

Gross domestic product (GDP) rose 0.3 percent in the September 2018 quarter, down from 1.0 percent in the previous quarter, Stats NZ said today... GDP per capita was flat in the September 2018 quarter, following an increase of 0.5 percent in the June 2018 quarter. More>>

ALSO:

Up $1.20: $17.70 Minimum Wage For 2019

Coalition Government signals how it will move toward its goal of a $20 p/h minimum wage by 2021... “Today we are announcing that the minimum wage will increase to $17.70 an hour on 1 April 2019." More>>

ALSO:

Retail: IKEA To Open In New Zealand

Inter IKEA Systems B.V. is today announcing its intentions to grant the Ingka Group exclusive rights to explore expansion opportunities in New Zealand. More>>