Macquarie Telecom's H1 profit jumps 214%

Wednesday 1 March 2017 | 08:32 CET | News
Australian operator Macquarie Telecom posted revenue of AUD 106.8 million the first half of the 2017 fiscal year, which represents an increase of 7 percent year-on-year. EBITDA for the six months ended 31 December reached AUD 19 million, up 22 percent year-on-year, while net profit after tax jumped 214 percent to AUD 6.2 million, from AUD 2 million in the year-earlier period.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Macquarie Telecom
Countries: Australia
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Australia govt picks 6 operators for Telecoms Services Panel

Published 02 Dec 2016 13:19 CET | Australia
The Australian government has selected Telstra, TPG Network, Macquarie Telecom, Verizon Australia, Nextgen Networks, and Sliced ...

Macquarie Telecom FY revenue lifts 5.5%

Published 25 Aug 2016 13:31 CET | Australia
Macquarie Telecom published its results for the full year to end June. Revenue was up 5.5 percent to AUD 202.6 million, against ...

Australian data centre market has good growth opportunities

Published 15 Jun 2016 10:22 CET | Australia
The demand and growth of the Australian data centre (DC) services market is driven by the increasing use of Big Data, IoT ...

Macquarie Telecom expands data centre in Canberra

Published 14 Jun 2016 11:04 CET | Australia
Macquarie Telecom will expand the capacity of the Canberra data centre "bunker" at the heart of its secure services to the ...

Macquarie is Cisco Master Partner for cloud, managed service

Published 09 Jun 2016 15:20 CET | Australia
Macquarie Telecom announced that it has received a worldwide Cloud and Managed Services Cisco Master Partner certification, ...

Macquarie brings LTE to business market product suite

Published 17 May 2016 10:36 CET | Australia
Australia's Macquarie Telecom started providing mobile services using parts of Telstra's 4G/LTE mobile network via its existing ...

Macquarie Telecom wins new data centre customer

Published 09 May 2016 10:21 CET | Australia
Australia's Macquarie Telecom announced that it has entered into a contract for the provision of data centre services to a ...