0
General

Vocus' 6-month network services revenue grows 11%, EBITDA climbs 8%

Friday 26 February 2021 | 14:44 CET | News
Australian operator Vocus saw recurring revenue generated by its network services grow 11 percent year-on-year in its first half ended 31 December 2020. EBITDA increased by 8 percent, driven by higher margin data network revenues. Data networks grew by 8 percent, with data network revenues accounting for 63 percent of Vocus Network Services recurring revenues and 77 percent of Vocus Network Services gross margin.

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.

Subscriptions

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: Vocus
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.


Related

Vocus, Amcom founders acquire Swoop in AUD 61 mln reverse takeover deal

Published 19 Feb 2021 09:58 CET | Australia
Swoop Telecommunications and NodeOne have been acquired by Stemify in a reverse takeover deal worth AUD 61.3 million. The fixed ...

Vocus receives takeover bid from Macquarie Infrastructure

Published 09 Feb 2021 09:21 CET | Australia
Australian operator Vocus confirms it has received a confidential non-binding, indicative proposal from Macquarie Infrastructure ...

Australia offers 5G mmWave spectrum license to 15 operators

Published 22 Dec 2020 17:43 CET | Australia
The Australian Communications and Media Authority (ACMA) has announced the first major allocation of 5G millimeter wave (mmWave) ...

Vocus to power Heritage Bank's data and voice communications for next five years

Published 15 Dec 2020 10:50 CET | Australia
Australian operator Vocus has won a competitive procurement process to provide Heritage Bank's data and voice communications ...

Vocus Calling platform goes live for enterprise, government customers

Published 03 Dec 2020 11:38 CET | Australia
Australian operator Vocus has introduced the Vocus Calling platform for enterprise and government customers. The Vocus Calling ...