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

 

GDC awarded $1.6 million Services contract

GDC awarded $1.6 million Services contract

GDC Communications Limited has further increased the revenue base of its Services division, winning a two-year infrastructure replacement contract with Downer Connect Ltd

The new contract – at a base revenue level of approximately $800,000 per year – is for work under Telecom New Zealand’s infrastructure replacement programme. It covers the Auckland and Counties region and is effective from 1st October, 2004

The new contract continues the repositioning of GDC’s Services division in view of the pending expiry of contracts with Telecom during 2004 and 2005. This has involved negotiating replacement work on a sub-contract basis, securing work on other telecommunications networks not previously available to the company, and reducing the cost base in line with revenue expectations.

The new contract is additional to work totaling approximately $10 million already announced by the Services division. GDC Communications is an NZX-listed company specialising in the provision of voice and data solutions and communication networks. It has six branch offices throughout New Zealand and 280 people with a variety of skill sets to service and support its customers.

The company aims to be world-class in the provision of high value voice and data solutions as a managed service for customers, and in the design, installation and maintenance of communication infrastructures.


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Smelter: Tiwai Deal Gives Time For Managed Transition

Today’s deal between Meridian and Rio Tinto for the Tiwai smelter to remain open another four years provides time for a managed transition for Southland. “The deal provides welcome certainty to the Southland community by protecting jobs and incomes as the region plans for the future. The Government is committed to working on a managed transition with the local community,” Grant Robertson said. More>>

ALSO:

Economy: Strong Job Ad Performance In Quarter Four

SEEK Quarterly Employment Report data shows a positive q/q performance with a 19% national growth in jobs advertised during Q4 2020, which includes October, November and December. Comparing quarter 4, 2020, with the same quarter in 2019 shows that job ad volumes are 7% lower...More>>

NIWA: 2020 - NZ’s 7th-warmest Year On Record

The nationwide average temperature for 2020, calculated using stations in NIWA’s seven-station temperature series which began in 1909, was 13.24°C (0.63°C above the 1981–2010 annual average). New Zealand’s hottest year on record remains 2016, when... More>>

Quotable Value New Zealand: Property Market Set To Cool From Sizzling To Warm In 2021

Nostradamus himself could not have predicted the strange series of events that befell our world in 2020 – nor the wild trajectory of New Zealand’s property market, which has gone from “doom and gloom” to “boom and Zoom” in record time. Even ... More>>

PriceSpy: Research Reveals How Shopping Behaviours Have Changed This Christmas

According to a new survey* from PriceSpy , almost 50 per cent of Kiwis are looking to shop locally this Christmas in light of Covid-19; The research also found consumers are changing their shopping habits, with one in seven (14 per cent) getting super-organised ... More>>

Commerce Commission: Noel Leeming Group Warned For Making Delivery Representations Without Reasonable Grounds During COVID-19 Lockdown

Noel Leeming Group has been warned by the Commerce Commission for making delivery representations about two products which, in the Commission’s view, it did not have reasonable grounds for at the time the representations were made. The warning ... More>>