Hutch says it will meet targets in 2006

16 Aug 2005

Hutchison Telecommunications Australia has revealed that it is on track to report positive operating earnings in fiscal 2006, after having narrowed its net loss to AUD305.3 million, from AUD332.9 million the previous year, in the first half of 2005. The cellco’s EBITDA stood at AUD122.6 million at the end of June, down 43% from the same time in 2004. Hutch’s customer base grew from 610,000 to 950,000 in the year.

Australia, Hutchison Telecommunications Australia