ASX-listed Vocus boosts NZ sales 81% after FX Networks acquisition

Fri, 20 Feb 2015

By Paul McBeth Feb. 20 (BusinessDesk) - Vocus Communications, which yesterday said it plans to beef up its capacity on the Southern Cross Cable by almost 10 times, boosted its first-half sales in New Zealand by 81 percent after buying local fibre-line provider FX Networks last year. The Sydney-based company reported New Zealand sales of A$25.3 million in the six months ended Dec. 31 from A$14 million a year earlier, it said in a statement. That increased the New Zealand contribution to total revenue to about 41 percent, up from 31 percent...

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