The New Zealand division of Australian telco Vocus today reported turnover of $199.6 million, up 6 per cent in the first half of the 2020 financial year.
Vocus - News, Features, and Slideshows
- Vocus NZ lifts as Aussie telco reports first half results
- Vocus subsidiaries fined $121K over 'false representations'
Telco retailers CallPlus Services, trading as Slingshot, Flip Services and Orcon, all Vocus NZ subsidiaries, have been fined $121,500 for making “false representations” in invoices they sent to customers.
New Zealand's third largest telco, Vocus, is targeting the fast growing enterprise market of Microsoft Teams users with a new communications service.
Vocus has come out a self-described "year of significant change" with a 44 per cent drop in net profit after tax (NPAT) to $34 million.
A new subsea cable system that will offer a significant connectivity boost to the Solomon Islands and Papua New Guinea has been installed at landing sites in the two nations’ capitals.