UPDATE: Datacom topples Spark as NZ's biggest IT services provider

Tue, 18 Aug 2015

(Recasts, updates with analyst comment) By Paul McBeth Aug. 18 (BusinessDesk) - Datacom, the privately-held IT services firm, surpassed Spark New Zealand as the country's biggest information technology services provider, lifting annual revenue 6.3 percent in a growing footprint on both sides of the Tasman. Revenue rose to $937 million in the 12 months ended June 30 from $881 million a year earlier, the Wellington-based company said in a statement. Net profit dropped 53 percent to $24.3 million, mainly because of a one-off $25 million g...

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