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Macquarie Telecom increases capex for 2020 after 6% revenue growth in 2019

Wednesday 28 August 2019 | 11:05 CET | News
Australian operator Macquarie Telecom reported results for its full year to end June, saying figures came in line with guidance. Looking ahead to fiscal 2020, the company sees a higher EBITDA and expects to up capex significantly. As previously announced, the company will not be paying out any dividends during its "significant capital-intensive growth investment phase."

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Categories: Fixed
Companies: Macquarie Telecom
Countries: Australia
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