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Published by | frost-sullivan |
Published | 30 October 2013 |
Reads | 7 |
Language | English |
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PR Newswire
CAPE TOWN, South Africa, Oct. 30, 2013
- Neotel Releases Results
Neotel, South Africa's first converged communications network operator, presented their H1 results for financial year 2013/2014 in Johannesburg today. CEO, Sunil Joshi, presented a very positive outlook for the period. Joshi stated that Neotel business grew 21 percent year-on-year (Network services make up 70 percent of the total revenue and managed services 30 percent) and generated a positive profit before tax (PBT) for the first time (PBT) since its inception in 2006.
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