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

 

Telecom Q1 Result


Telecom Q1 Result

Telecom New Zealand will issue results for the three months ended 30 September 2002 at 8.30am on Tuesday 12 November.

Based on early published market forecasts, and further informal market feedback, Telecom has become aware of a wide range of estimates for its first quarter result.

Telecom currently expects to report a net earnings result in the range of NZ$145 million to NZ$150 million, subject to finalisation, together with continuing strong operating cash flows. This result would represent an underlying increase of 7.4% - 11.1% over the first quarter result for 2001, adjusted for cross-border lease gains, capacity sales and amortisation of goodwill.

The current range of full year earnings estimates is believed to be NZ$676 million to NZ$760 million. Telecom expects the full year result to be within this range.

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Media Mega Merger: StuffMe Hearing Argues Over Moveable Feast

New Zealand's two largest news publishers are appealing against the Commerce Commission's rejection of the proposal to merge their operations. More>>

Elsewhere:


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>

ALSO:


Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>

ALSO:

Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>