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General

OPT-NC posts drop in FY revenues, agrees to govt funding request

Thursday 6 May 2021 | 13:31 CET | News
OPT New Caledonia (OPT-NC) has reported a fall in annual revenues across its three main businesses, namely the telecom, postal and financial divisions. The telecom operations generated XPF 19.72 billion in 2020, representing a 5.2 percent drop year-on-year (+1.9% in 2019). This contraction was driven by the decline in roaming traffic linked to the Covid-19 crisis, the lowering of tariffs on services purchased by local ISPs, and a reduction in prepaid revenues.

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Categories: General
Companies: OPT New Caledonia
Countries: New Caledonia
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