Vocus NZ grabs share of broadband market, boosting first-half revenue 4.1% with skinnier margins

Mon, 19 Feb 2018

By Paul McBeth Feb. 20 (BusinessDesk) - Vocus Group's New Zealand division, which is up for sale, grabbed market share in the hotly contested domestic broadband space, helping lift first-half revenue albeit on skinnier profit margins. Revenue from the New Zealand operations rose 4.1 percent to $182.6 million in the six months ended Dec. 31, with enterprise and wholesale sales climbing 10 percent to $90.8 million and consumer market revenue dipping 1.1 percent to $91.8 million. The telecommunications company's New Zealand broadband custom...

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