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Kordia announces 31% jump in sales (New Zealand)

  • October 8th, 2007
  • 3:19 pm

The state-owned New Zealand telco Kordia has announced its first set of financial results following its company reorganisation last year. Revenues for the twelve months to the end of June 2007 were up 31% to NZD264.3 million (USD200 million), while net surplus (net profit after interest and tax) increased 21% to NZD11.9 million. The firm, originally part of New Zealand’s TV and radio broadcast networks owner, now has telecoms operations across Australasia and is expanding further into Asia. ‘We have streamlined internal processes to support growth across our broadcast, telecommunications and converged solutions businesses, and are integrating the different parts of the company across Australia and New Zealand into a more unified group,’ says Kordia Chairman Wayne Brown.

   

Kordia to enter municipal Wi-Fi market (New Zealand)

  • September 3rd, 2007
  • 3:11 pm

New Zealand state-owned telecoms network operator Kordia has announced plans to set up a number of metropolitan Wi-Fi zones which will take it further into competition with private telcos. Kordia, which manages the national broadcasting network, has offered telecoms networking solutions for some time. Its latest venture will see it setting up wireless LAN ‘hotzones’ in Auckland and Taupo, offering wireless internet services to laptop and PDA users. The Auckland network is being set up in partnership with Auckland City Council.