HTA reports annual results

26 Feb 2008

Hutchison Telecommunications Australia (HTA) has reported a net loss of AUD285.11 million (USD263.54 million) in the year ending 31 December 2007, an improvement on the AUD759.4 million loss reported a year earlier. EBITDA improved sharply to AUD114 million, from AUD30.2 million while revenues climbed 24.6% to AUD1.32 billion. At 31 December Hutchison Telecoms recorded 1.578 million customers, an increase of 333,000 in twelve months. Average revenue per user (ARPU) in 2007 was AUD68.61, down 2.7% on 2006, although non-voice reported a 6.3% increase to AUD18.31.

Australia, Hutchison Telecommunications Australia