Fijian communications group Amalgamated Telecom Holdings Limited (ATH) has posted a net loss after tax and minority interest of FJD19.8 million (USD11.1 million) for its third quarter ended 31 December 2012, compared to a consolidated net profit after tax and minority interest of FJD696,000 for the same period a year earlier. In an announcement through the South Pacific Stock Exchange, ATH said the loss was a result of an impairment of plant and equipment recorded at FJD70 million; the group profit before impairment and income tax was FJD28.7 million. Sales revenue, meanwhile, increased 12% from FJD190.7 million in the three months to end-December 2011 to FJD212.9 million in the corresponding period of 2012. ATH controls a number of local subsidiaries including Telecom Fiji Limited (TFL), Vodafone Fiji, Fiji Directories Limited, Internet Services Fiji Limited (Connect) and Fiji International Telecoms Limited (FINTEL).
Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.
Browse Past Issues
Filter CommsUpdate by the following categories or use the search.
Visit our help page information on performing advanced searches, including how to restrict the results by country or company.
CommsUpdate is an outstanding advertising venue for companies seeking to reach:
- International carriers
- Wholesale service providers
- Equipment and software vendors
- Telecom investors