Datacom revenue tops $1bln as IT goes through "hyper-change"

By Fiona Rotherham Aug. 11 (BusinessDesk) - Australasian IT services provider Datacom Group has boosted 2016 full-year revenue over the $1 billion mark, in a sector experiencing what chief executive Jonathan Ladd dubbed “a phase of hyper-change”. The private New Zealand-owned company, whose primary shareholders are the Holdsworth family’s Evander Management, with 52.4 percent, and the New Zealand Superannuation Fund, with 37.64 percent, reported a revenue increase of 13 percent to $1.058 billion for the year ended March 31, it said in a s...